Promisec

Company Overview

Snapshot

Founded in January 2004, Promisec operates with 11–50 employees. The company has raised $7.4 million across 2 funding rounds from 2 investors. Promisec was acquired by Mer Group in January 2018.

Business overview

Promisec develops Endpoint Manager, an agentless solution designed to provide comprehensive visibility and remediation capabilities across all endpoints. This technology extends the value of existing information security investments by inspecting enterprise networks to identify, analyze, and address abnormalities that could compromise audits or threat intelligence. Promisec's solution is engineered for scalability across various network environments, serving businesses of all sizes and industries within the Cyber Security sector.

Strategic signal

In April 2021, Promisec launched PEM version 6.4, a revamped version of its Endpoint Manager. This update introduced an improved management console with a modern dashboard, enhanced security and compliance features, and a new scoring system for prioritizing issues. This signals Promisec's continued investment in product development and commitment to user experience, even after its acquisition, indicating ongoing relevance and innovation in the endpoint cyber management market.

Company Intelligence Q&A

When was Promisec acquired and by whom?

Promisec was acquired by Mer Group in January 2018.

What was a significant product update for Promisec in 2021?

In April 2021, Promisec announced the launch of PEM version 6.4, a new and revamped version of its Endpoint Manager, featuring an improved management console, enhanced security, and a new scoring system.

Which company partnered with Promisec to deliver endpoint security to the UK market?

In February 2016, Promisec partnered with BMS to provide agentless endpoint security and management solutions to NHS organizations in the UK market.

Which government entity awarded Promisec a significant contract in 2011?

In February 2011, Promisec won an enterprise license agreement with the State of Texas Department of Information Resources, allowing over 1 million endpoints at Texas state agencies, schools, and institutions to utilize Promisec's technology.

Which investor participated in Promisec's funding round in April 2006?

In April 2006, Promisec received a $2.4 million investment from Old City Partners. This funding was intended to support the company's activities in the US market.