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Pangea Cyber Closes $26M Series B From Gv, Decibel, And Okta Ventures For Developer-First Security Framework To Deliver Secure Apps Faster

PRIVATENov 30, 2022

Amount Raised

$26 Million

Round Type

Series B

Palo AltoSecurityCyber SecurityNetwork Security

Investors

Syn VenturesBallistic VenturesDecibel And Okta Ventures

Description

Pangea Cyber today announced its $26 million Series B funding to accelerate the delivery of its API-based security services. The Series B round is led by GV, with participation from Decibel and Okta Ventures. They join existing investors Ballistic Ventures and SYN Ventures. This brings total funding raised for the one year old company to $52 million

Quick answer

Pangea Cyber raised $26 Million in a Series B round, dated November 30, 2022. Investors: Syn Ventures, Ballistic Ventures and Decibel And Okta Ventures. Pangea Cyber is based in Palo Alto, California, United States.

How much did Pangea Cyber raise?
Pangea Cyber raised $26 Million in a Series B round on November 30, 2022.
Who invested in Pangea Cyber?
Syn Ventures, Ballistic Ventures and Decibel And Okta Ventures are named as investors in this round.
What does Pangea Cyber do?
Pangea is the world's most comprehensive provider of security services for cloud and mobile app developers, SaaS platform providers, and security operations centers.
Where is Pangea Cyber based and how big is it?
Pangea Cyber is based in Palo Alto, California, United States.

Source: Fundz verified event record.

Who else raised in Security and Cyber Security around the same time

Companies in the same sectors as Pangea Cyber that raised within 45 days of this round, from Fundz verified event records.

  • Malwarebytes raised $100M on December 13, 2022.
  • Field Effect Software raised $35M (Funding Round) on December 12, 2022.
  • Wib raised $16M on November 8, 2022.
  • Versa Networks raised $120M (Funding Round) on October 27, 2022.
  • Corsa Security raised an undisclosed amount (Funding Round) on October 25, 2022.
  • Corsa Security raised $10M (Funding Round) on October 20, 2022.

Who to call at Pangea Cyber, and when

A new round usually means Pangea Cyber is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Pangea Cyber

Location

Palo Alto, California, United States

About

Pangea is the world's most comprehensive provider of security services for cloud and mobile app developers, SaaS platform providers, and security operations centers. By making security a core part of every software builder's toolset, Pangea delivers the required security DNA for your organization, reinventing how you deliver a secure customer experience. Pangea is led by co-founders Oliver Friedrichs and Sourabh Satish, the creators behind the award-winning Phantom Cyber SOAR platform, acquired by Splunk in 2018. Pangea is venture-backed by leading Silicon Valley VCs and is headquartered in Palo Alto, California. For more information, please visit pangea.cloud or follow Pangea at linkedin.com/company/pangea-cyber/.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Pangea Cyber raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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