September 25, 2023

Fueling Innovation: Plerion Secures $10M in Seed Funding for Cloud Security Transformation

Written by

Mike Rahmati

Plerion has some exciting news to share…we’re thrilled to announce the successful closing of our seed round funding, with a remarkable $10 million secured and been worked on tireless by the founders – industry veterans Mike Rahmati (CEO), Paul Garner (COO), and Pierre Liddle (CTO). This round was led by Prosus Ventures and saw participation from Cercano and Atlassian Ventures.

Sachin Bhanot, Head of Southeast Asia & ANZ Investments for Prosus Ventures, noted, “Plerion has demonstrated impressive early adoption and traction, boasting a founding team with extensive experience and expertise in the field. It complements our existing cybersecurity portfolio exceptionally well. We are excited to partner with them at this pivotal stage of their journey and support the development of a strong business.”

Empowering Cloud Security

At Plerion, we are on a mission to redefine cloud security, making it more accessible and effective for organizations of all sizes. Our platform empowers businesses to proactively identify, prioritize, and mitigate risks within their cloud operating environments.

MJ Yu, Managing Director at Cercano Management, added, “Cloud operating environments are evolving in complexity, increasing the demand for comprehensive, integrated, and intelligent cloud security solutions. We see immense potential in Plerion’s cloud-native, multi-tenanted, and agentless platform, and we are delighted to join the founding team on this remarkable journey.”

The Need for Next-Generation Solutions

The digital threat landscape is constantly evolving, and traditional approaches to cybersecurity are no longer enough. We pride ourselves on offering next-generation solutions that protect businesses from emerging threats. Our approach is threat-led and risk-driven, which ensures robust protection for sensitive data, networks, and infrastructures against malicious attacks.

What This Funding Means for Plerion

This $10 million in seed funding marks a significant milestone in our journey. It is a testament to the strength of our team, our vision, and the groundbreaking work we are doing in the cybersecurity domain. The investment will play a crucial role in enhancing our capabilities, attracting top-tier talent, and driving the adoption of our cutting-edge solutions.

Partnering for Success

We’re honored to have Prosus Ventures leading this investment round. Their recognition of our early adoption and strong expertise in cybersecurity is a significant vote of confidence in our mission. We’re also delighted to collaborate with Cercano and Atlassian Ventures, who share our vision for the future of cloud security.

Peter Lenke, Head of Atlassian Ventures, highlighted the synergy, stating, “Plerion’s all-in-one security platform and visionary approach align seamlessly with Atlassian’s mission to simplify security prioritization. We believe Plerion’s elegant solution will resonate well with our 200,000+ cloud customers, especially within the enterprise segment, and we are excited to support their growth.”

Looking Ahead

As cyber threats become increasingly sophisticated and prevalent, Plerion’s Cloud Security Platform is poised to revolutionize the cybersecurity landscape. Our comprehensive suite of cybersecurity solutions includes Cloud Native Application Protection (CNAPP), Cloud Security Posture Management (CSPM), Workload and Vulnerability Management, Cloud Infrastructure and Entitlements Management (CIEM), Data Security Posture Management (DSPM), Shift Left Security, Cloud Detection and Response (CDR), Compliance, and more.

Commitment to Collaboration

At Plerion, we’re not just committed to building innovative solutions; we’re also dedicated to fostering collaboration and knowledge sharing within the cybersecurity community. We actively engage in partnerships with industry leaders, academia, and government agencies to stay ahead of emerging threats, contribute to industry best practices, and promote a safer digital environment.

Stay Tuned for More

We are excited about what the future holds for Plerion and the organizations we serve. We will continue to innovate and evolve to meet the ever-changing cybersecurity landscape.

Keep an eye on our blog and LinkedIn channels for more updates, insights, and cybersecurity tips. Thank you for being a part of our journey as we work together to protect businesses, organizations, and individuals from cyber threats.

Get new blog posts in your email
Check - Elements Webflow Library - BRIX Templates
Thanks for joining our newsletter.
Oops! Something went wrong while submitting the form.
Blog

Learn cloud security with our research blog