heyData, a compliance platform, has secured $16.5m in Series A funding led by Riverside Acceleration Capital (RAC).
The funding round marks a key milestone for the company, which aims to make compliance intuitive, automated and accessible, rather than complex and expert-driven.
heyData co-founder Miloš Djurdjević said, “We’re building heyData for the reality of modern business. This round gives us the fuel to bring IT security and compliance together in one place, so you can stop coordinating tasks and start feeling in control.”
The timing of the round was accelerated due to increasing regulatory pressure in Europe and growing digital security threats.
The funding will support three strategic areas: the expansion of united security and compliance features on a modular platform, the addition of more compliance frameworks and deeper integrations to automate work, and the geographic scaling of heyData’s solution beyond its established foothold in the DACH region into broader European markets.
heyData’s platform targets businesses that need to navigate GDPR, ISO 27001 and other regulatory standards without burdening teams with manual processes. Its services include a document vault, vendor risk management, compliance audit, compliance trainings and HR integrations.
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