Anitian, a Palo Alto, CA-based provider of compliance automation solutions, raised $7M in Series Funding.
The round was led by Sageview Capital with continued support from Forgepoint Capital.
The company intends to use the funds to accelerate the launch of its new AI-driven automation features and an accredited Platform-as-a-Service (PaaS), reducing the time and cost of achieving FedRAMP and CMMC compliance for Cloud Service Providers (CSPs) and the Defense Industrial Base (DIB).
Led by new CEO Chris Finan, Anitian provides AI automation features that streamline compliance by reducing manual effort and accelerating control implementation. These advancements, combined with the new accredited PaaS, will empower organizations to achieve FedRAMP and CMMC compliance more efficiently, improving revenue opportunities in the federal marketplace.
FinSMEs
21/11/2024