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Pangea Cyber Secures $25M Series A To Launch Api-Based Cloud Security Services For Application Builders

May 17, 2022•about 3 years ago

Amount Raised

$25 Million

Round Type

series a

Providence

Description

Pangea Cyber Corporation today emerged from stealth to announce $25M in Series A funding to become the first company to offer application builders a comprehensive portfolio of API-based security services through a single platform. The Series A is led by Ballistic Ventures with participation from SYN Ventures, Godfrey Sullivan (Former Chairman & CEO, Splunk), George Kurtz (Founder & CEO, CrowdStrike) and Dan Plastina (Former VP AWS Security Products). Pangea plans to use the funding primarily for product development.

Company Information

Company

Pangea

Location

Providence, Rhode Island, United States

About

What will Pangea use the money for? Pangea now has more capital than it has ever had to keep building out its product lineup, scale GMV and start extending its runway with revenue growth.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech