Foreseeti raises SEK 9M in a fresh private capital investment round.

Foreseeti, a Stockholm-based SAAS security company, announced adding a SEK 9M ($1M) investment round for scaling purposes.

Backers include Swedish angel investors Simon Josefsson and Michael Lantz, as well as KIC InnoEnergy.

Foreseeti, founded in 2014 and led by CEO Joakim Nydrén, provides securiCAD, a computer assisted design (CAD) based product enabling companies to conduct advanced threat modelling to understand their current cyber security levels. Being prediction based, it works just as effectively on a hypothetical (“to-be”) and actual (“as-is”) level, making it the ideal product for planning and comparison exercises.

securiCAD is sold on a subscription-based model.