Plerion, an Australia-based cybersecurity company, has announced the closure of its seed round funding, raising $10 million led by Prosus Ventures, with participation from Cercano and Atlassian Ventures.
Plerion said in a statement on Tuesday that the funding will fuel accelerated product development, talent acquisition, and go-to-market strategies as Plerion seeks to establish itself as a trusted leader in the cybersecurity domain.
“We are thrilled to have successfully closed our seed round funding, which is a testament to the strength of our team, vision, and the groundbreaking work we are doing in cybersecurity,” said Mike Rahmati, Chief Executive Officer of Plerion.
According to him, this investment will empower the firm to enhance its capabilities further, hire top-tier talent, and drive the adoption of our cutting-edge solutions to protect businesses and individuals from cyber threats.
Plerion was founded by industry veterans Mike Rahmati, Paul Garner (Chief Operating Officer), and Pierre Liddle (Chief Technology Officer).
The platform empowers organizations of all sizes to proactively identify, prioritize, and mitigate risks within their cloud operating environments.
With a laser focus on delivering next-generation solutions, Plerion helps defend businesses against the ever-evolving digital threat landscape.
Armed with an elite team of experts, Plerion employs state-of-the-art technologies pioneering a threat-led, risk-driven approach that creates robust cybersecurity systems that protect sensitive data, networks and infrastructures from malicious attacks.
“Plerion has demonstrated impressive early adoption and traction, the founding team has strong experience and expertise in the domain, and it complements our existing cybersecurity portfolio very well,
“We are excited to partner with them at this stage of their journey and support them in building a strong business”, said Sachin Bhanot, Head of Southeast Asia & ANZ Investments for Prosus Ventures.
Meanwhile, Cercano Management Managing Director MJ Yu said that cloud operating environments are becoming increasingly complex, amplifying the need for cloud security solutions that are comprehensive, integrated and intelligent.
“We see immense potential in the cloud-native, multi-tenanted, and agentless platform that Plerion is building and are also very excited to join repeating founders and team on this journey,” he said.
Atlassian Ventures Head Peter Lenke, on the other hand, said that Plerion’s all-in-one security platform, combined with their visionary approach to protecting digital assets, aligns perfectly with Atlassian’s efforts to make prioritizing security dead-simple.
“We believe Plerion’s elegant solution will scale well for our 200,000+ cloud customers, especially our enterprise customers, and we are excited to support their journey,” he added.
As cyberattacks become increasingly sophisticated and prevalent, Plerion said its cloud security platform is poised to revolutionize the cybersecurity landscape by providing industry-leading protection, innovative methodologies, and a proactive approach to combating cyber threats.
It also said the firm is committed to fostering collaboration and knowledge sharing within the cybersecurity community.
It said the company partners with industry leaders, academia, and government agencies to stay ahead of emerging threats, contribute to industry best practices, and promote a safer digital environment.