VISO TRUST, a San Francisco, CA-based company which specializes in AI-powered third-party risk management (TPRM), raised $24M in funding.
Backers included existing investors Bain Capital Ventures, Work-Bench, Sierra Ventures, and Lytical Ventures, and new investors, Allstate Strategic Ventures, Cisco Investments, EnvisionX Capital, and Scale Asia Ventures.
The company intends to use the funds to expand its development efforts.
Led by CEO Paul Valente, VISO TRUST provides an AI-powered platform that delivers real-time, evidence-based assessments by intelligently collecting, analyzing, and continuously monitoring artifacts from vendors. The platform analyzes control presence, testing methodologies, exceptions, Nth-party references, and more, allowing security teams to focus on strategic initiatives.
FinSMEs
21/11/2024
{Categories} _Category: Implications{/Categories}
{URL}https://www.finsmes.com/2024/11/viso-trust-secures-24m-in-funding.html{/URL}
{Author}FinSMEs{/Author}
{Image}https://www.finsmes.com/wp-content/uploads/2024/11/VISO-TRUST.jpeg{/Image}
{Keywords}USA,Allstate Strategic Ventures,Bain Capital Ventures,Cisco Investments,EnvisionX Capital,Lytical Ventures,Scale Asia Ventures,Sierra Ventures,VISO Trust,Work-Bench{/Keywords}
{Source}Implications{/Source}
{Thumb}{/Thumb}