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London Tech Week

Australian startup Plerion raises $10M to protect businesses and individuals from cyber threats

Plerion Founders
Picture credits: Plerion

As cyberattacks become increasingly sophisticated and prevalent, Australian cybersecurity startup Plerion, has rolled out its Cloud Security Platform, which is poised to revolutionise the cybersecurity landscape. It does this by providing industry-leading protection, innovative methodologies, and a proactive approach to combating cyber threats. 

Growth and expansion plans

In a recent development, Plerion has raised $10 million in seed funding led by Prosus Ventures (which backed Oxford Ionics and BYJU’s), with participation from Cercano and Atlassian Ventures. The funding will fuel accelerated product development, talent acquisition, and go-to-market strategies as Plerion seeks to establish itself as a trusted leader in the cybersecurity domain.

“We are thrilled to have successfully closed our seed round funding, which is a testament to the strength of our team, vision, and the groundbreaking work we are doing in the field of cybersecurity,” said Mike Rahmati, CEO of Plerion. “This investment will empower us to enhance our capabilities further, hire top-tier talent, and drive the adoption of our cutting-edge solutions to protect businesses and individuals from cyber threats.”

“Plerion has demonstrated impressive early adoption and traction, the founding team has strong experience and expertise in the domain, and it complements our existing cybersecurity portfolio very well. We are excited to partner with them at this stage of their journey and support them in building a strong business”, said Sachin Bhanot, Head of Southeast Asia & ANZ Investments for Prosus Ventures.

“Cloud operating environments are becoming increasingly complex, amplifying the need for cloud security solutions that are comprehensive, integrated and intelligent. We see immense potential in the cloud native, multi-tenanted, and agentless platform that Plerion is building and are also very excited to join repeating founders and team on this journey,” said MJ Yu, Managing Director at Cercano Management.

“Plerion’s all-in-one security platform, combined with their visionary approach to protecting digital assets, aligns perfectly with Atlassian’s efforts to make prioritising security dead simple. We believe Plerion’s elegant solution will scale well for our 200,000+ cloud customers, especially our enterprise customers, and we are excited to support their journey” said Peter Lenke, Head of Atlassian Ventures.

Innovative solutions to combat cyber threats

Founded by industry veterans Mike Rahmati, Paul Garner, and Pierre Liddle in 2021 in Sydney, Plerion offers a platform designed to empower organisations of all sizes to proactively identify, prioritise, and mitigate risks within their cloud operating environments. 

Plerion’s comprehensive suite of cybersecurity offered through their cloud security platform includes Cloud Native Application Protection (CNAPP), Cloud Security Posture Management (CSPM), Workload and Vulnerability Management, Cloud Infrastructure and Entitlements Management (CIEM), Data Security Posture Management (DSPM), Shift Left Security, Cloud Detection and Response (CDR), Compliance, and more. With this solution suite, the company empowers customers to proactively safeguard their sensitive data and digital infrastructure.

Besides this, the company actively engages in partnerships with industry leaders, academia, and government agencies to stay ahead of emerging threats, contribute to industry best practices, and promote a safer digital environment.

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