Aussie cybersecurity startup Plerion secures $10m seed funding


Cybersecurity startup Plerion, founded by industry veterans Mike Rahmati, Paul Garner, and Pierre Liddle, has recently closed a $10m seed round. 

The company’s platform assists clients in proactively identifying, prioritising, and mitigating risks within their cloud operating environments.

Leading the investment was Prosus Ventures, and they were joined by Cercano Management and Atlassian Ventures.

Plerion’s platform focuses on the security of cloud operating environments. It helps clients proactively address risks by identifying, prioritising, and mitigating them. With innovative methodologies, the company offers an extensive suite of cybersecurity services, including cloud native application protection, cloud security posture management, workload and vulnerability management, data security posture management, and more.

The new $10m funding will be channelled towards accelerated product development, talent acquisition, and go-to-market strategies. It will empower Plerion to enhance its capabilities, hire top-tier talent, and drive the adoption of their cutting-edge cybersecurity solutions.

Plerion differentiates itself through innovative approaches to combating cyber threats, providing context to risk, and helping to rid teams of fatigue. They’ve also built a first-of-its-kind platform that empowers managed security service provider partners to scale their impact across the industry.

Plerion CEO Mike Rahmati said, “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. This investment will empower us to enhance our capabilities further, hire top-tier talent, and drive the adoption of our cutting-edge solutions to protect businesses and individuals from cyber threats.”

Peter Lenke, head of Atlassian Ventures, shared, “Plerion’s all-in-one security platform, combined with their visionary approach to protecting digital assets, aligns perfectly with Atlassian’s efforts to make prioritising security dead-simple. We believe Plerion’s elegant solution will scale well for our 200,000-plus cloud customers, especially our enterprise customers, and we are excited to support their journey.”

Prior to this funding round, Plerion raised $4.7m in a pre-seed round in March last year, more than half of which came from the founding team.

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