SenseOn, a London, UK-based cyber security company, raised $20m in Series A funding.
The round was led by Eight Roads Ventures and was supported by existing investors MMC Ventures, Crane Venture Partners and Winton Ventures Limited.
The company intends to use the funds to further R&D, as well as scaling its go-to-market team. To support this next phase of growth, SenseOn added veteran software go-to-market leader Jeremy Duggan – who has previously taken three SaaS companies – AppDynamics, Bladelogic and Ascential – to unicorn status – to its board.
Founded in 2017 by David Atkinson, SenseOn brings together cyber security experts, former government cyber operatives and applied machine learning specialists. It combines broad detection and response capabilities across traditionally siloed security domains with AI-based automation and an open security data cloud. Its unified platform proactively detects and shuts down threats including ransomware, hacking / data theft and malicious insiders, solving critical security challenges in a rapidly evolving IT landscape. It’s also suited to hybrid and remote work settings as it can be rapidly deployed across any endpoint or network inside and outside the traditional perimeter.
FinSMEs
28/09/2021