Security News > 2021 > January > VComply raises $6M to fuel go to market operations in the US

VComply announced the close of a preemptive $6 million Series A in funding from Counterpart Ventures and Accel, which will help further fuel the company's go to market operations in the US. Since its founding in early 2019, VComply has built an acclaimed governance, risk and compliance platform that streamlines operations in this historically opaque sector of corporate operations, where complexity is increasing due to new privacy regulations and more businesses operating in the cloud on a global scale.

"Harshvardhan Kariwala, founder and CEO of VComply, said:"Our team has been heads down on product development for the past year, continuing to develop our next-gen solution to a long-time problem of managing GRC. "While we still have lion's share of our seed round proceeds, this opportunistic round came together quickly, and will allow us to step on the accelerator to bring out solutions to a wider market."

VComply provides a powerful solution set that standardizes compliance processes through a central management dashboard which is accessible via desktop or mobile.

While it's designed as an enterprise-level system, organizations of any size can use VComply to assign responsibility for hundreds of internationally recognized compliance requirements to individuals and departments across their business, streamlining this otherwise complicated process and saving significant time and money.

Users of VComply are also protected from expensive penalties and human error risk-reduction when meeting compliance deadlines.

VComply is consistently ranked as a high performer and a top GRC platform by the business review platform, G2. VComply's clients span a wide array of verticals and include Costa, TLS Contact, and CHD among many others.

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