Panorays is a comprehensive third-party cyber risk management platform that offers automated security lifecycle management for organizations. The company provides a SaaS-based solution that helps businesses assess, monitor, and mitigate security risks associated with their vendors, suppliers, and business partners. Panorays' platform is designed to reduce supply chain cyber risk, enabling companies worldwide to conduct business securely and efficiently.
In December 2019, Panorays raised $15 million in a funding round. This investment was likely used to fuel the company's expansion and product development. However, the search results do not provide information about the company's current valuation or any subsequent funding rounds.
Panorays offers a comprehensive platform for third-party security risk management, which includes:
Automated security questionnaires
External attack surface assessments
Continuous monitoring of vendor security postures
Risk scoring and management
Compliance monitoring for various standards (e.g., GDPR, CCPA)
Vendor collaboration tools
Integration capabilities with other security and management systems
The platform is designed to provide a holistic view of third-party security risks, allowing companies to easily manage and engage with the security posture of their vendors and partners.
Panorays has introduced the concept of "Risk DNA" for early threat detection and proactive defense. This feature likely enhances the platform's ability to identify and mitigate potential security risks in the supply chain.
Panorays is dedicated to reducing supply chain cyber risk and enabling secure business relationships worldwide. The company appears to prioritize innovation and customer-centric solutions in the cybersecurity space. As a rapidly growing provider of third-party security risk management software, Panorays likely fosters a culture of innovation and adaptability.
