Drata lands $25M for its automated cybersecurity compliance platform
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Drata Inc., a new startup working to make it easier for companies to comply with cybersecurity standards, today announced that it has raised a $25 million funding round led by GGV Capital.
The round also included contributions from the venture capital arm of publicly traded cybersecurity provider Okta Inc., as well as Cowboy Ventures, Leaders Fund and SVCI. SVCI describes itself as an angel investor group comprising of chief information security officers at major companies.
Drata has developed a software platform that simplifies the process of complying with the SOC 2 cybersecurity standard. SOC 2 is a widely used set of guidelines for ensuring that a company processes customers’ information in a secure manner. Meeting the standard is considered essential to doing business for many tech firms, especially for those working with large enterprises, which often have particularly str
INDIA New England News
Sravish Sridhar (Photo: Twitter)
BOSTON– Kintent, creator of the Trust Cloud compliance platform, announced a Series Seed capital raise of $4 million, led by Tola Capital.
The round also included several experienced cloud, SaaS, security and legal experts including Jason Zander (EVP, Microsoft Azure), Chris Hecht (Head of Corporate Development, Atlassian), Carsten Thoma (former President, SAP Hybris), Jen Andre (VP of Product, Rapid7), Bob Brennan (former CEO, Veracode), and Cooley.
“Anyone would agree that trust is the foundation of every business relationship. But why don’t we continuously measure and report on our compliance and trust obligations?” asks Sravish Sridhar, Founder and CEO of Kintent. “It’s simply too difficult, expensive, and time consuming to do so. We believe that’s an injustice, and we want to fix this. With Kintent, we will live in a world in which it is effortless to earn trust in every business relationship.
Kintent nabs $4M seed to automate compliance questionnaire process
Every tech vendor has to pass security muster with customers, typically a tedious activity involving answering long questionnaires. Kintent, a new startup that wants to automate this process, announced a $4 million seed today led by Tola Capital with help from a bunch of tech industry angel investors.
After company co-founder and CEO Sravish Sridhar sold his previous startup Kinvey, which provided backend as a service to mobile app developers, he took a couple of years off while he decided what to do next. The sale to Progress Software in 2017 gave him that luxury.
Kintent raises $4M to end the drudgery of security questionnaires and compliance audits
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Company’s Trust Cloud™ compliance platform intelligently generates accurate answers to security questionnaires and automates the outmoded processes businesses use to complete ISO 27001, HIPAA, and SOC 2 audits.
Kintent Trust Cloud
I wanted an automated way to show our customers that we are serious about being transparent, earning their trust, and proving our compliance. Kintent makes compliance effortless and measurable for us. BOSTON (PRWEB) April 01, 2021
Kintent™, creator of the Trust Cloud™ compliance platform, today announced a Series Seed capital raise of $4 million, led by Tola Capital.
i could check out your credit score, but that only tells me so much. so trust cloud was introduced. it helps you to collect all of your trustworthy data that you have generated online on the website and on your mobile devices. if you are on linked in or facebook or twitter comment with the one place that you can use always. you don t have time to google somebody or do a background check on someone. and in the past are lucky enough to have a referral from a friend. now these are hundreds of millions of people out there on the web. meaning the reviews that people