Deals of the week May 10 to May 14 – a GrowthBusiness roundup 14 May 2021
Growth Business roundup of Deals of the Week, May 10 to May 14, listing seed funding, venture capital and crowdfunding deals of note
Huma signs off £92m in Series C funding
Huma, the digital health platform, has closed another $130m (£92.3m) in Series C funding led by Leaps by Bayer and Munich-based Hitachi Ventures. The investment arms of Bayer, Hitachi, Samsung, Sony Innovation Fund by IGV, Unilever and the PE fund HAT all became investors, as did former Softbank president Nikesh Arora and Allianz chairman Michael Diekmann. Huma, whose clients include the NHS, was named Europe’s fastest-growing healthcare company by the
Panaseer Raises $26.5M in Series B Funding
Panaseer, a London, UK- and NYC-based Continuous Controls Monitoring platform for enterprise security, secured $26.5m in series B funding.
The round, which brought total funding raised to date to $43m, was led by AllegisCyber Capital with participation from existing investors Evolution Equity Partners, Notion Capital, AlbionVC, Cisco Investments and Paladin Capital Group, as well as new investor, National Grid Partners.
The company intends to use the funds to continue to expand operations, its development efforts and business reach.
Led by Jonathan Gill, CEO, Panaseer provides a Continuous Controls Monitoring (CCM) platform for enterprise security. The CCM platform uniquely correlates data from all security tools to identify and measure missing assets, control gaps, and advise on underperforming controls.
Panaseer, which takes a data science approach to cybersecurity, has raised $26.5 million in a Series B funding led by AllegisCyber Capital. Existing investors, including Evolution Equity Partners, Notion Capital, AlbionVC, Cisco Investments and Paladin Capital Group, as well as new investor National Grid Partners, also participated.
Cybersecurity startup Panaseer raises $26.5M Series B led by AllegisCyber Capital
Panaseer, which takes a data science approach to cybersecurity, has raised $26.5 million in a Series B funding led by AllegisCyber Capital. Existing investors, including Evolution Equity Partners, Notion Capital, AlbionVC, Cisco Investments and Paladin Capital Group, as well as new investor National Grid Partners, also participated. Panaseer has now raised $43 million to date.
Panaseer’s special sauce and sales pitch amount to what it calls “Continuous Controls Monitoring” (CCM). In plainer English that means correlating a great deal of data from all available security tools to check assets, control gaps, you name it.