VComply Secures $6 Million Series A to Accelerate Expansion in US Market
01/12/21, 2:09 PM
Location
palo alto
Money raised
$6 million
Round Type
series a
VComply, a leading GRC management platform, 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 (GRC) 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. The platform was built from the ground up with its engineering team in Kolkata, India, and the company most recently hired top tier talent in senior sales and operations roles. With this additional capital, VComply will continue moving forward to grow rapidly in the US, including resourcing as it currently looks to hire several senior roles in engineering, product and marketing in the US.