Tugboat Logic Raises US$8M in Funding
Summary
Tugboat Logic, Inc., a Burlingame, California-based provider of a virtual security officer platform, raised a funding round of US $8M. The round was led by Inovia Capital, with participation from Westwave Capital and Tom Noonan (Founder, ISS) and Terry Dolce (Founder, Carbon Black). The company intends to use the funds to expand the automated compliance capabilities of its Security Assurance Platform, build out a channel of security partners, and expand its customer success infrastructure to ensure customers reach their InfoSec goals. Led by Ray Kruck, CEO and Founder, Tugboat Logic provides a cloud-based subscription Security Assurance Platform which enables enterprises to automate InfoSec policy creation, audit readiness, and security questionnaire response.