London-based cybersecurity startup launches Noetic Cyber with £14M funding to reduce cyber risk

Based in London, Noetic Cyber is a new entrant to cyber asset and controls management markets. The company uses a cloud-based platform to provide teams with unified visibility of all assets to make faster, more accurate decisions to detect coverage gaps and reduce cyber risk.

Recently, the cybersecurity startup has raised $20 million (approx £14.4 million) funding in a Series A round led by Energy Impact Partners, with participation from existing seed investors TenEleven Ventures and Glasswing Ventures.

In addition, Noetic is adding depth to its board of directors, with the appointment of Alan Kessler as an independent board member. Alan was previously the CEO of Thales e-Security and serves on the boards of BlackSky, Thales, and Sotero.

Founded by Paul Ayers, Allen Rogers, and Allen Hadden, Noetic Cyber helps security teams better understand cyber risks by building a map of the relationship between their assets and entities, along with context and insights to make faster, more accurate decisions.

“Good cyber asset management is foundational to addressing the inherent friction between the IT and security teams, as it provides both parties with an accurate view of assets to defend, potential security gaps and priorities to address,” said Chris Steffen, research director, information security, Enterprise Management Associates. “Noetic is able to help to bridge the gap between the CISO and the IT organisation, with an innovative approach to cyber asset management that provides immediate value.”

The platform has a rich automation workflow engine as a core part of the solution, enabling security teams to anticipate and react to changing IT and security requirements.

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