SenseOn, a start-up based in London, raised US$20 million in Series A funding for its AI-based cyber security platform.
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.
The round was led by Eight Roads Ventures and was supported by existing investors MMC Ventures, Crane Venture Partners and Winton Ventures Limited.
CEO of SenseOn, David Atkinson commented: “We are facing a new reality whereby attackers are advancing more quickly than legacy approaches can keep up with, but hybrid and multi-cloud environments are far more complex than we yet know how to defend. Added to this, the volume and speed of data is beyond what legacy architecture was ever designed to handle. The daily headlines show legacy approaches don’t work and if we don’t do something courageous now as a security community or we aren’t going to stand a chance in the future. We chose to partner with Eight Roads Ventures because of their ability to support SenseOn’s vision, thanks to their collaborative partnership style, their strong knowledge of the cyber industry and their global footprint.”
