TrustCloud Secures $15M to Enhance AI-Driven GRC Platform

TrustCloud has raised $15 million in strategic funding, led by ServiceNow Ventures, with participation from Cisco Investments and other investors. The funding aims to accelerate TrustCloud's enterprise go-to-market and channel operations, while enhancing its AI capabilities to provide chief information security officers (CISOs) with a unified view of security risk across IT landscapes.

TrustCloud's platform leverages AI to aggregate, analyze, and act on data from multiple IT, data, and cybersecurity platforms, significantly reducing manual governance, risk, and compliance (GRC) work. This allows CISOs to focus on strategic security initiatives, reducing financial risk and cutting costs.

The company has introduced three key capabilities to its platform: Hybrid Data Fabric, Continuous Control Monitoring, and Assurance AI. These features automate risk and compliance assessments, providing a comprehensive view of cyber risk across various domains. TrustCloud's platform integrates seamlessly with major IT and cybersecurity platforms, enabling enterprises to streamline workflows and enhance compliance confidence.