Securicy Lands Additional $4.1Million Seed Funding From Allos Ventures And Build Ventures
Summary
A Techstars alum, Securicy guides companies as they establish and grow the robust information security and privacy programs needed to sell into enterprises and highly regulated industries. Few startups have the internal resources or expertise to interpret and address the necessary requirements, leading them to pay for expensive consultants or rely on “checkbox” compliance solutions. Without the policies, procedures, expertise, or resources to sustain a strong security posture, these growing companies risk losing deals to competitors and stalling market momentum. “While information security and privacy reviews have finally become commonplace in larger sales cycles, we still see too much of the industry condoning and even enabling ‘rubber-stamp’-type compliance with SOC 2 and other frameworks. “Within our own portfolio of investments, we’ve seen how information security has risen in priority over the past 10 years,” said David Kerr, Managing Director at Allos Ventures.