A naukri.com initiative
Alleywatch
1M
94
Anagram Raises $10M to Embed Security Into Everyday Employee Behavior
- Anagram has raised $10 million in Series A funding led by Madrona, with participation from General Catalyst, Bloomberg Beta, Operator Partners, and Secure Octane.
- The company offers a human-driven security platform that focuses on embedding security into everyday employee behavior through microlearning and real-time security nudges.
- Anagram targets the security awareness and human risk management market, primarily serving larger enterprise companies in industries like finance, healthcare, and technology.
- Their business model is based on a SaaS subscription, with pricing scaled according to the number of users and customization needed.
- The funding process was relatively quick for Anagram due to strong early traction and a shared vision with investors on human-driven security.
- Challenges during the fundraising included convincing investors that security awareness is a solvable problem and not just a checkbox.
- Investors were attracted by Anagram's real traction with Fortune 500 companies, measurable impact in reducing security incidents, and addressing an underserved market.
- In the next six months, Anagram aims to advance its AI-driven personalization engine and launch its first AI-powered security agent for real-time security nudges.
- For companies in New York without fresh capital, the advice is to focus on efficiency, customer retention, revenue-generating initiatives, and building strong relationships.
- Anagram's CEO's favorite restaurant in the city is Mr Chow on 57th Street.
Read Full Article
5 Likes
For uninterrupted reading, download the app