Accenture Backs Prevailion
May 4, 2021
Prevailion secured a strategic investment round led by Allstate Strategic Ventures and joined by Accenture Ventures and Irongrey (SeAH) as an oversubscribed expansion to Prevailion’s initial Series A in order to accelerate the company’s growth while bringing a unique and game-changing solution to help security teams. The new investment follows a $10 million Series A led by AllegisCyber Capital, a $2 million seed round by DataTribe and a previous strategic investment by Legion Capital.
The funding will fuel Prevailion’s further disruption of
intelligence and threat detection programs through its unique
“Evidence of Compromise” (EoC) solution, which detects cyber
compromises within seconds of malware first landing on a
network. This early warning detection capability empowers
organizations to stop attacks in their infancy before malware
can progress to a more significant stage, such as data
exfiltration, ransomware encryption, lateral infection spread
and secondary malware deployment. It also provides a critical
new capability for monitoring emerging threats in corporate and
government supply chains.