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DeNexus Closes $17.5 Million in Series A

2024-10-16
BOSTON, MA, DeNexus, a leader in end-to-end cyber risk management for operational technology (OT), announced it has raised $17.5 million in a Series A funding round, led by Punja Global Ventures.
DeNexus, a leader in end-to-end cyber risk management for operational technology (OT), announced it has raised $17.5 million in a Series A funding round, positioning DeNexus to accelerate its growth and expand its innovative product offerings and markets. The funding round was led by Punja Global Ventures, with investment also from AXA XL, Prosegur/SegTech and HCS Capital. As part of this investment, Rimmo Jolly, co-founder at Punja Global Ventures, will join DeNexus' Board of Directors, while Libby Benet, Global Chief Underwriter Officer at AXA XL, will join as a Board Observer. With this new funding, DeNexus is well-positioned to address the growing need for comprehensive cyber risk management in industrial environments, helping organizations navigate the complex landscape of cybersecurity threats and regulations.
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