foreseeti Positions for Growth – Secures Next Round of Financing and Announces New CEO
The cyber security company, Foreseeti AB, Europe’s leading provider of automated threat modeling and attack simulation solutions, announces that it has successfully closed new funding of 20 MSEK. The round was led by existing investors and added several Stockholm-based angel investors and prestigious innovation funding.
foreseeti’s solution, securiCAD, empowers IT decision makers to assess the resilience and risk exposure of their IT architectures and take proactive and effective action. securiCAD provides a holistic, data-driven security analysis that enables traceable, unbiased decision making, allowing limited resources to be allocated smarter and more efficiently.
To lead the expansion forward, Anders Malmström has been selected as CEO. Anders has strong background within software and commercialization of technology solutions.
”foreseeti is uniquely positioned to help our customers meet the growing number of threats in an ever more complex cyber world, especially in the future cloud world” says newly appointed CEO, Anders Malmström.
“Through the financing we increase our ability to execute and scale. This has allowed us to grow the team and get Anders onboard which is great!” says Joakim Nydrén, co-founder of foreseeti and CEO during start-up phase, now shifting to CCO.
Joakim continues “In addition, we are very excited about securiCAD Vanguard, our new product that extends the securiCAD family with fully automated threat modeling and attack simulations of cloud architectures, in the form of AWS. Today securiCAD is used by the most security aware companies. securiCAD VANGUARD makes threat modeling and attack simulations accessible for a much broader community, enabling customers to cut through ever increasing complexity and take effective, proactive actions!”
The funding round was led by existing investors that includes both security experts and experienced entrepreneurs. We also add several new Stockholm-based angel investors with expertise and proven track record in B2B software and services business scale-up. In addition, we are proud to having been awarded significant innovation funding to execute on our focused roadmaps.
For more information, please contact:
+46 (0)700 086808
+46 (0)704 493391
Chairman of the Board
+46 (0)70 965 6867