Compliance Risk, the sole Governance-as-a-Service solution crafted specifically by MSPs for MSPs, has shared significant updates about its direction in the industry.
Recently, Compliance Risk secured an investment of $3.5m from Bellini Capital, a significant step forward for the firm.
Operating at the forefront of its industry, Compliance Risk provides MSPs with policies and procedures designed to align with specific regulatory and industry compliance standards. This focus on compliance is increasingly essential as MSPs and their clientele put more emphasis on compliance. Reflecting its expanding scope and services, the company is also transitioning its name to Compliance Scorecard.
The fresh capital from Bellini Capital will primarily facilitate the augmentation of Compliance Risk’s product roadmap. The intent is to roll out additional risk-management and governance modules, further enhancing their Governance-as-a-Service framework.
The founder and CEO of Compliance Risk, Tim Golden, with over two decades as a chief technology officer and MSP, has intimate knowledge of the complexities surrounding compliance. This understanding has driven the company to incorporate features ensuring the efficient rollout of compliance solutions. These features are supplemented by weekly peer group meetings, aiming to provide the best support to MSPs.
Compliance Risk Founder and CEO Tim Golden stated, “Everyone feels pressure from increased regulation, cyber insurance requirements, and the constant threat of a data breach. Ultimately, the Governance as a Service we provide enables MSPs to help their clients and protect themselves.”
Bellini Capital Managing Partner Arnie Bellini commented, “MSPs need to get busy offering security operations services to their customers. Their customers are getting hacked, and it is time for MSPs to evolve. With Compliance Risk, MSPs can offer a basic set of security operations services. That puts MSPs on the path toward doubling their revenue.”
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