Security News > 2020 > August > LitLingo raises $2M to expand its product and engineering teams, accelerate growth

The funds will be used to expand its product and engineering teams in order to accelerate growth.

"The traditional solutions to mitigating legal, compliance, or cultural risks with employee communications are retroactive and expensive - engaging outside counsel, hiring more lawyers, company-wide quarterly trainings - we'd like to flip that paradigm on its head and help our customers prevent risk before it is created," said Kevin Brinig, co-Founder and CEO of LitLingo.

"Fewer HR issues, stronger culture, and improved compliance are all byproducts of the LitLingo solution. If a company can prevent a single lawsuit or regulatory action on its own recognizance, it avoids millions of dollars in costs."

LitLingo has already helped several companies optimize their business communications while in stealth mode.

The LitLingo team has deep expertise in NLP/AI, risk management, fraud/waste/abuse, and product development from their careers in the sharing economy, autonomous vehicles, risk management consulting, and the healthcare industries.

News URL

http://feedproxy.google.com/~r/HelpNetSecurity/~3/jiVSAC1yV_4/