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DateInvestorsAmountRound

$8.0m

Series A

$17.0m

Series B

N/A

Acquisition
Total Funding$25.0m

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Palerra specializes in providing cloud security automation and compliance solutions tailored for enterprises. The company operates in the cybersecurity market, focusing on protecting data and ensuring regulatory adherence for its clients. Palerra's core product, LORIC, offers comprehensive monitoring, threat detection, and incident response capabilities for cloud environments. The business model revolves around a subscription-based service, where clients pay for ongoing access to Palerra's security platform and support services. This model ensures a steady revenue stream and allows the company to continuously update and improve its offerings. Palerra serves a diverse range of clients, including large corporations and organizations that require robust security measures to protect sensitive information. The company's market includes sectors such as finance, healthcare, and technology, where data protection is paramount. By leveraging advanced analytics and machine learning, Palerra helps clients identify and mitigate potential security threats before they can cause significant damage. The company also provides value-added services such as training and support to help clients maximize the benefits of their security solutions.

Keywords: cloud security, automation, compliance, enterprises, data protection, regulatory adherence, threat detection, incident response, subscription-based, cybersecurity.