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Paramount Computer Systems

529, Saeed Bin Ahmed Al Otaiba street, Mezzanine Floor, Office 3, E11, Al Danah, Abu Dhabi, United Arab Emirates

Overview

Paramount, the regional leader in Cybersecurity, enables customers to protect their critical Information Assets and Infrastructure through a prudent combination of People, Process and Technology. With a clear focus on delivering the best IT security services covering technology, consulting and solutions, Paramount has gained an unmatched reputation for excellence and top notch customer service. Paramount was amongst the first companies in the field to earn its 4 ISO certifications which include ISO 9001-2008, ISO 27001-2013, ISO 20000-1-2011, ISO22301-2012. Today, Paramount’s client list includes some of the most respected and admired names in the Middle East including, leading airlines, telecom companies, government departments, banks and banking solution providers as well as oil and gas companies. As an innovation hub, they have delivered cutting edge solutions to customers and helped them solve complex challenges within the available framework. Their mission is to be the most admired security services company in the Gulf Region and they believe that their CLEAR (Caring, Learning, Energizing, Achieving and Respecting) value system will help us achieve their end.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
3

Sector focus

  • Information Technology
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Investment portfolio

  • OutThink

    Participated · Seed · Feb 2020

    OutThink provides a SaaS cybersecurity human risk management platform that identifies, understands and manages human risk across organizations. The platform leverages machine learning, natural language processing and applied psychology to detect attitudes, intentions and sentiment of individuals. It combines this human intelligence with integrated data from Microsoft Defender and Sentinel to present live dashboards showing human risk at department, group and organization levels. Built by a team of CISOs and researchers for security professionals, OutThink aims to make people the strongest defense. The company serves customers including FTSE 100 organizations and operates from offices across Europe, the Middle East and Asia Pacific. OutThink intends to use recent funding to expand its leadership team and accelerate distribution as the solution gains market traction. OutThink is a London-based cybersecurity company that offers one of the first Predictive Human Risk Intelligence SaaS platforms to help enterprises identify and understand human risk in real time. Founded in 2015 by the Bank of Ireland’s former UK CISO alongside a team of CISOs with experience at Samsung, Panasonic and Coca-Cola, the product was created as an alternative to traditional security awareness training. The platform focuses on predictive analytics and advanced data models to prevent breaches caused by employee behaviour. Customers already include a dozen large global organisations such as Abu Dhabi Islamic Bank and FTSE 100/250 brands like Vodafone, Bunzl and Holland & Barrett. OutThink plans to expand across the UK, Europe and the Middle East and to grow its headcount from 15 to 40 employees by the end of the year. The company is continuing product development and expects to pursue a Series A at the end of 2020.

Team

  • Premchand Kurup

    Co-Founder & CEO

    LinkedIn
  • Phil Wiser

    Executive Vice President and Chief Technology Officer

  • Steve Ellis

    Executive Vice President, Ad Strategy and Business Development