Ostendio, Inc., an Arlington, VA-based startup that delivers affordable information security & privacy compliance solutions to digital health companies, raised funding from The Center for Innovative Technology’s CIT GAP Funds.
The amount of the transaction was not disclosed.
The company intends to use the funds to increase distribution and sales channels.
Led by CEO Grant Elliott, Ostendio provides MyVirtualComplianceManager™ (MyVCM™), a cloud-based security and compliance management platform for companies to assess risk; create and manage critical policies and procedures; educate and assess employees on their security awareness; and monitor continuous compliance against industry regulations.
FinSMEs
03/03/2015