AI-native safety assurance platform TrustCloud on Tuesday introduced elevating $15 million in a strategic funding spherical that brings the overall raised by the corporate to $37 million.
The brand new funding spherical was led by ServiceNow Ventures, with further assist from Cisco Investments, OpenView Enterprise Companions, Presidio Ventures, Tola Capital, and former buyers.
Based in 2019, TrustCloud depends on AI to combination and analyze info from IT, information, and cybersecurity platforms to supply CISO’s with a view of the cybersecurity dangers throughout their environments.
Objective-built for CISOs and chief threat officers (CROs), the TrustCloud platform seeks to remodel the normal governance, threat, and compliance (GRC) to allow executives to make higher knowledgeable choices whereas lowering prices and growing accuracy.
The Boston-based firm’s specialised AI for GRC answer integrates with present platforms to ship steady monitoring of controls, automate compliance checks, and allow programmatic threat assessments and quantification.
TrustCloud will use the brand new funding to reinforce AI capabilities and speed up enterprise go-to-market and channel operations.
“We constructed TrustCloud to seamlessly combine with main enterprise platforms, in order that we may make it so simple as potential for mature organizations to remove handbook work, align safety and threat groups to make higher choices, and provides CISOs the instruments they should drive enterprise worth by lowering threat and sustaining compliance assurance,” TrustCloud CEO Sravish Sridhar mentioned.
Associated: CloudSEK Raises $19 Million for Menace Intelligence PlatformAdvertisement. Scroll to proceed studying.
Associated: AppSignal Raises $22 Million for Utility Monitoring Answer
Associated: Pistachio Raises $7 Million for Cybersecurity Coaching Platform
Associated: Push Safety Raises $30 Million in Sequence B Funding
