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Laika Raises $35M Series B To Help Companies Ace Security Audits

Nov 02, 2021•over 3 years ago

Amount Raised

$35 Million

Round Type

series b

New York

Description

Laika, the industry's first unified compliance-as-a-service platform, announced today that the company has closed $35 million in Series B funding led by J.P. Morgan Growth Equity Partners with participation from PayPal Ventures and all existing investors including Bain Capital Ventures, Canapi, Dashfund, Nyca and ThirdPrime. Laika will use the funding to develop additional automation, integrate audit experiences into the platform, build out its team, and extend the company's growth and momentum in the market.

Company Information

Company

Laika

Location

New York, New York, United States

About

Laika helps businesses manage compliance, obtain security certifications, and build trust in the marketplace. With Laika's software-and-expert services, it has never been easier to implement, maintain, and demonstrate compliance. Get certified faster, close bigger deals, and build scalable security practices that stand the test of any audit. Laika was founded by Austin Ogilvie and Sam Li, both two-time founders and Y Combinator alumni, and industry veteran Eva Pittas, who oversaw global risk and compliance functions at Citigroup for 20 years. Learn more at www.heylaika.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech