What Company Is Offering:
Agiliance offers the most comprehensive and scalable solution for managing the interdependent disciplines of IT governance, risk, and compliance. Its flagship product, Agiliance IT GRC, enables businesses to develop a holistic view of their IT risk and compliance posture in order to make better business decisions. The Agiliance IT GRC platform is the first solution that combines a robust common control framework with sophisticated policy management, workflow, and automation, providing internal and external stakeholders with a highly effective, transparent methodology for reducing IT-related risk while increasing operational efficiencies and decreasing time-to-compliance.
How Much They Got From VCs:
Agiliance, the leading provider of IT governance, risk, and compliance (IT GRC) solutions, today announced it has closed a $10M Series B round of funding led by Castile Ventures. Existing investors also participated in the funding round, including Walden International, Intel Capital and Red Rock Ventures. Agiliance also announced that Nina Saberi, Managing General Partner of Castile Ventures, joined its Board of Directors.
"IT GRC is fast becoming a strategic imperative as enterprises seek to manage the risks inherent in their IT infrastructure and to fully leverage their existing security and compliance infrastructure," said Nina Saberi, managing general partner of Castile Ventures. "As investors in successive generations of information security businesses, we recognize in Agiliance the vision, management experience and differentiated technology to be a pivotal player, and to fully capitalize on the potential of this rapidly growing market."
More at:www.agiliance.com.
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