Series A funding round brings DeNexus USD 17.5 million

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DeNexus, a provider of cyber risk management for operational technology, has announced that it obtained USD 17.5 million in a Series A funding round. 

Led by Punja Global Ventures, the funding round also saw participation from AXA XL, Prosegur/SegTech, and HCS Capital. With the newly acquired capital, DeNexus intends to accelerate its growth and expand its product offering and markets. In addition, the funding is set to solidify DeNexus’ position in the industry, allowing the company to address the increasing demand for comprehensive cyber risk management in industrial environments, and supporting organisations in navigating the complexities of cybersecurity threats and regulatory requirements.

Cyber threat management and security

When commenting on the announcement, representatives from DeNexus underlined that the investment assists their company’s development strategy, with it aiming to improve its product offering, grow its go-to-market team, and continue to advance its commitment to offering a full-stack, end-to-end cyber risk management solution to its customers. At the time of announcement, DeNexus’ solutions were deployed at more than 200 sites across…

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