Bryan Onel’s father was a locksmith. As for Onel, he described himself as the digital equivalent. Ethical hacking was Onel’s hobby growing up. He studied AI at university and then turned that hacking hobby into a profession. “I spent a decade performing penetration tests for over 150 companies across all sectors,” Onel tells TechCrunch, adding […]
Oneleet raises $33M to shake up the world of security compliance Read More »
Karun Kaushik and Selin Kocalar weren’t planning to raise a Series A so soon. Their AI compliance startup, Delve, which announced a $3 million seed round in January, was growing fast and signing customers at a steady clip. Then, inbound interest started rolling in, COO Kocalar told TechCrunch. Delve, which automates regulatory compliance with AI
21-year-old MIT dropouts raise $32M at $300M valuation led by Insight Read More »
While highly sought after, federal software contracts frequently come with a hidden cost: Achieving government SaaS security compliance, known as FedRAMP, can take years and require substantial resources. Achieving this certification typically takes up to three years and costs more than $3 million, covering everything from security operations engineer salaries to security audits, according to
Knox lands $6.5M to compete with Palantir in the federal compliance market Read More »
Selling software to companies is such a time-consuming process. Even after customers are convinced a product is right for their organization, they still need to ensure the software meets all their security requirements. Chas Ballew realized just how painfully slow and tedious the vendor security and compliance review process was when he was running Aptible,
Compliance company Vanta has confirmed that a bug exposed the private data of some of its customers to other Vanta customers. The company told TechCrunch that the data exposure was a result of a product code change and not caused by an intrusion. Vanta, which helps corporate customers automate their security and compliance processes, said
Vanta bug exposed customers’ data to other customers Read More »
After a career as an incident investigator with risk management firms like Kroll and FTI Consulting, Aaron Narva was working with a big international bank client at compliance software maker Exiger. He was responsible for monitoring that client’s legal compliance after it had made headlines a decade earlier for a money-laundering scandal. “While I was
How AI startup Conflixis is protecting hospitals from corrupt doctors Read More »
As the demand for AI surges, AI vendors are devoting greater bandwidth to data security issues. Not only are they being compelled to comply with emerging data privacy regulations (e.g. the EU Data Act), but they’re finding themselves under the microscope of clients skeptical about how their data is being used and processed. The trouble
Relyance lands $32M to help companies comply with data regulations Read More »
In 2022, Carta’s business license was revoked in Illinois for failing to pay franchise tax, a tax on national corporations doing business in the state, according to state records seen by TechCrunch. In 2024, Washington state terminated cap table software Pulley’s business license, according to state filings. Carta spokesperson Amanda Taggart told TechCrunch that the
Startups are getting fined, or sometimes banned, by individual states Read More »
For financial institutions, complying with regulations is becoming a costlier proposition. According to a recent poll, 76% of financial services firms increased their compliance expenditure from 2022 to 2023, with most blaming new laws. With the cost of compliance averaging out to around $10,000 per employee these days, many firms are searching for ways to
Vanta, a trust management platform that helps businesses automate much of their security and compliance processes, today announced that it has raised a $150 million Series C funding round led by Sequoia Capital. The company is now valued at $2.45 billion, up from $1.6 billion in 2022 when it raised its $40 million Series B
Vanta trust management platform raises $150M Series C, now valued at $2.45B Read More »
