SenseOn, a London, England-based fast-growing cyber security company, raised a $20m Series A funding round to scale its cloud-native AI cybersecurity platform. The fundraising follows a year in which the company grew by more than 350%.
The round was- led by Eight Roads Ventures and was supported by existing investors MMC Ventures, Crane Venture Partners, and Winton Ventures Limited.
The fresh capital will accelerate SenseOn’s ambitious mission through further R&D, as well as scaling its go-to-market team. To support this next phase of growth SenseOn welcomes veteran software go-to-market leader Jeremy Duggan to its board.
Company: Senseon Tech Limited
Round: Series A
Funding Month: September 2021
Leading Investors: Eight Roads Ventures
Additional Investors: MMC Ventures, Crane Venture Partners, and Winton Ventures Limited
Company Website: https://www.senseon.io/
Software Category: cloud-native AI cybersecurity platform
About the Company: Founded in 2017 by David Atkinson, the first cyber specialist in the United Kingdom’s specialist military units, SenseOn brings together cyber security experts, former government cyber operatives, and applied machine learning specialists. SenseOn is on a mission to deliver the security architecture for the future, making the digital world safer without fear of ransomware, extortion, data theft, and advanced threats. SenseOn improves cyber team productivity with more effective and faster investigations, and it also reduces costs for its clients by consolidating point solutions and deploying 15x faster. SenseOn 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 uniquely suited to hybrid and remote work settings as it can be rapidly deployed across any endpoint or network inside and outside the traditional perimeter.