What does TrustCloud do?
TrustCloud is a Boston-based provider specializing in an AI-native security assurance platform for hybrid enterprises, enabling CISOs and CROs to make informed, data-driven decisions that reduce financial liability and drive revenue.
How much did they raise?
The company raised $15M in funding, with the round led by ServiceNow Ventures and participation from Cisco Investments, Presidio Ventures, OpenView Venture Partners, and Tola Capital.
What are their plans for the money?
The funds will be used to accelerate enterprise go-to-market strategies, expand channel operations, and further enhance its AI capabilities, providing CISOs with deeper insights into security risks across the IT landscape.
What have they achieved so far?
Recently, TrustCloud introduced three new differentiated capabilities into its platform to automate both first-party and third-party risk and compliance assessments, marking significant progress in its mission.
