Scrut Automation Raises $7.5 Million In Funding Round Led By Massmutual Ventures
02/21/23, 7:23 AM
Location
londonMoney raised
$7.5 million
Industry
cloud security
cloud infrastructure
cyber security
enterprise software
security
saas
software
IT startup Scrut Automation, which specialises in Governance, Risk and Compliance (GRC) automation, has raised USD 7.5 million in a funding round led by MassMutual Ventures, a top company official said on Tuesday. Scrut Automation CEO and Co-Founder Aayush Ghosh Choudhury told PTI that the fresh round of funding took place at 4 times higher valuation compared to the last funding round a year ago when the company raised USD 3 million. Existing investors Lightspeed and Endiya Partners participated in the funding round to raise their stake in the company, Choudhury said. "We still have 40 per cent of the amount in the bank that we raised in last round
Company Info
Location
london, england, united kingdom
Additional Info
Cado Security provides the first cloud forensics and incident response platform. By leveraging the scale and speed of the cloud, the Cado platform automates forensic-level data capture and processing across cloud, container, and serverless environments. Only Cado empowers security teams to respond at cloud speed. Backed by Eurazeo, Blossom Capital, and Ten Eleven Ventures, Cado Security has offices in the United States and the United Kingdom. For more information, please visit https://www.cadosecurity.com/ and follow us on Twitter @CadoSecurity.