202120 Oct

Hyperproof raises $16.5 Million Series A to expand its compliance operations and security assurance platform

Summary

This approach fails to proactively manage risk and compliance in an automated fashion and simply does not scale with the companys growth," said Rajan Aggarwal, Partner at Toba. More than ever, compliance professionals need tools that help them simplify their lives by staying on top of their key tasks, automating complex processes and proactively preparing for audits. This will not only save compliance professionals hours every month, it also provides organizations leaders peace of mind knowing that the system automatically detects issues as soon as they occur and alerts the right people. Hyperproof is also working on an ESG (Environmental Social Governance) software solution to help organizations manage their businesses more sustainably while meeting their increased burden of reporting. Hyperproof has disrupted the GRC space by tackling a pressing problem ignored by others: helping compliance pros gain control over and effectively manage their ever-growing workload.

Source: Prnewswire

Funding

$16.5M
Amount
Oct 20 2021
Date
-
Investor
HyperProof
Company

Classifications

Companies