Scrut Automation, a governance, risk and compliance automation platform, has netted $7.5m in a new round of funding.
The round was led by MassMutual Ventures and saw participation from Lightspeed and Endiya Partners.
Founded in 2021, Scrut Automation provides an information security monitoring platform, aimed at helping small and medium cloud-native enterprises develop and maintain a robust security posture, and comply with various infosec standards such as SOC 2, ISO 27001, GDPR, and the like with ease.
The platform plans to use the fresh capital to simplify risk management and infosec compliance for cloud-native SaaS, FinTech, and HealthTech companies – automating 70% of manual tasks and reducing tool fatigue from managing disparate point tools for security.
Scrut will also deepen its risk observability and management capabilities, as well as expand its presence in the US market with the assistance of MassMutual Ventures’ expertise. The company currently works with customers in India, Singapore, and the US, providing them with a ‘unified view of an organization’s compliance posture’.
Scrut Automation CEO and co-founder Aayush Ghosh Choudhury said, “We at Scrut have been hyper-focused on helping CISOs and InfoSec Heads across cloud-native companies build and maintain a risk-first security posture, enabling them, in turn, to become more agile in managing their risk and security posture and simplify compliance across 20+ InfoSec standards with ease.
“The fresh capital infusion will help us deepen our product capabilities and expand our market presence for mid-market CISOs. We are happy to have marquee investors backing us in our journey.”
Sublime, which claims to be the first open email security platform that lets anyone write, run and share rules to detect and block email-originated threats, has recently raised $9.8m.
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