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foreseeti announces SEK 9 million in funding led by experienced entrepreneurs and InnoEnergy

Pressmeddelande   •   Jan 16, 2017 08:00 CET

foreseeti announce a 9 million SEK in funding led by experienced entrepreneurs and investors Michael Lantz and Simon Josefsson together with InnoEnergy.

“ We are excited to bring in Michael and Simon as investors and board members. Their expertise is perfectly in line with our road ahead; Michael has built Accedo, a global B2B software business with pioneering products, from scratch to a turnover of +300 MSEK, and Simon is one of the key persons behind the global cyber security success company Yubico. In addition, this funding round includes InnoEnergy, a leader in innovation in energy market, experienced venture capitalists Patrik Westerberg and Anders Ösund and company employees. In short, a perfect mix of skilled capital that, together with our innovation and commercialization funding, will provide a very solid ground for our continued growth journey in the strategic niche of the cyber security market”, says Joakim Nydrén, CEO and co-founder, foreseeti.

“ foreseeti has a unique, leading solution which perfectly responds to a huge and fast growing market need. Furthermore, the team has a very strong mix of deep technical skills, including professors, PhDs and military security experts, as well as extensive commercial market knowledge and experience, including business strategists, operational IT security executives and cyber security consultants ”, says Michael Lantz. “I am thrilled to invest and contribute to their future success.”

” The need of foreseeti’s solution is immense” says, Simon Josefsson. “Managing cyber security in a proactive and business minded way is extremely challenging in a world of complex and interconnected systems of systems. The devils are both in the details and in the large. Today, this work is typically done through manual expertise, which is scarce, expensive, and subjective. securiCAD® boost your organization with automated, objective capabilities, improving your security work in the same revolutionizing way as CAD tools have improved work in other engineering domains.”

Foreseeti AB, Europe’s leading provider of Cyber Threat Modelling and Risk Management solutions, is a Swedish technology company head-quartered in Stockholm. foreseeti’s flagship product, securiCAD®, empowers IT decision-makers to make proactive and data-driven decisions in cyber security, enabled by holistic, quantitative risk assessments that cover both structural and technical vulnerabilities. Our solutions are used by multinational companies, and our clients value our practical, hands-on approach.

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