![]() ![]() Bringing together best-in-class technology and consulting services to pave the way for continuous and accurate measurement, monitoring, and reporting of cyber risk. In February 2021, Panaseer announced it had joined forces with PwC UK, a leader in cybersecurity consulting services, to offer continuous Cyber Risk Monitoring. Together they are providing guidance on the metrics a company should use to assess how well they are complying with ‘version eight’ of the CIS critical security controls. CIS is a non-profit organisation that leads a global community of IT professionals to continuously evolve standards and provide products and services to proactively safeguard against emerging security threats. to further the development of its Control Assessment Specification. It partnered with the Center for Internet Security, Inc. Panaseer invested in key partnerships to help drive the adoption of automated, data-driven approaches to security measurement, via CCM. We are confident that a CCM platform for a security team will be soon become as fundamental as a CRM system is to sales and marketing professionals, and accountancy software for financial departments.” Partnerships “Currently, our platform has processed over 70 million assets for our clients. This means we can provide unique value and visibility to our customers, and crucially unburden them from the daily firefight, so they can take a more strategic role within their organisation with data-driven insights that can be used to enable effective risk decision-making. Our CCM platform now integrates with technology across eight cybersecurity domains, and can seamlessly and reliably integrate with security, business, and IT data sources. Jonathan Gill, CEO, Panaseer: “We recently received a customer testimonial that called Panaseer’s technology ‘the platform of all platforms.’ This perfectly encapsulates what we are building. Currently 95 percent of security teams who test for Proof of Value become Panaseer customers. Over the last year, it added to its growing portfolio of global enterprise clients, which includes many of the world’s largest and leading institutions, who rely on Panaseer to evaluate and improve their cyber protection levels. This makes its total funding to date over $43 million. In May 2021, Panaseer announced it had secured $26.5 million in series B funding to accelerate product development and expand go-to-market efforts to meet the demand for its CCM platform. A Chief Growth Officer, VP Global Sales, VP Customer Success and VP People, were added to its leadership team. Jonathan Gill was appointed CEO in January 2021 with a remit to focus on international growth. Last year the company doubled its number of employees and supercharged its executive team. ![]() The $10+ billion CCM market is largely untapped and Panaseer’s technology and people are leading the field. The technology enables security and risk teams to aggregate all the data from their security, IT and business tools, into a single platform to understand enterprise-wide cybersecurity posture. Panaseer pioneered the CCM category, which addresses the biggest issues in cybersecurity today: an increasing enterprise attack surface, heightened regulation and the growing number of tools used by security teams. Its revenue success is fuelled by the growing market adoption of the emerging category of Continuous Controls Monitoring (CCM). The company grew by over 100 percent in 2021, on the back of over 300 percent growth in 2020. March 31, 2022, London and New York: Panaseer, an enterprise security company, today announces it is cementing its position as the de facto automation platform for security measurement with annual triple digit growth. ![]()
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