Access here alternative investment news about Cyber Risk Management Platform Provider Panorays Nabs $42M
Venture Capital

Cyber Risk Management Platform Provider Panorays Nabs $42M

by venturebeat.com posted 3weeks ago 7 views
The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Panorays, a provider of security risk management software, today announced that it closed a $42 million series B funding round led by Greenfield Partners with participation from Aleph and Oak HC/FT, as well as new investors BlueRed Partners, Greenspring Associates, and Moneta VC. The company says that it plans to spend the capital on product R&D and hiring as it looks to expand the size of its platform. Investments in cyber risk mitigation technologies continue to grow as cyberattacks proliferate during the pandemic.