While certifications for security management practices like SOC 2 and ISO 27001 have been around for a while, the variety of companies that now request that their software application vendors go through (and pass) the audits to be in compliance with these continues to increase. For a great deal of business, that’s a harrowing process, so it’s possibly not a surprise that we are likewise seeing an increase in startups that aim to make this process much easier. Earlier this month, Strike Graph, which assists automate security audits, revealed its $3.9 million round, and today, Secureframe, which likewise assists companies get and maintain their SOC 2 and ISO 27001 accreditations, is revealing a $4.5 million round.
Secureframe’s round was co-led by Base10 Partners and Google’s AI-focused Gradient Ventures fund. BoxGroup, Village Global, Soma Capital, Liquid2, Chapter One, Worklife Ventures and Backend Capital took part. Existing customers consist of Stream, Hasura and Benepass.
Image Credits: Secureframe Shrav Mehta, the business’s co-founder and CEO, spent time at a variety of different business,
but he tells me the idea for Secureframe was mainly born throughout his time at direct-mail service Lob.”When I was at Lob, we handled a great deal of problems around security and compliance because we were often handling extremely delicate information, and we ‘d get on calls with clients, had to finish thousand-line security surveys, do extensive security reviews, and this was a lot for a start-up of our size at the time. But it’s simply what our consumers needed. So I began to see that pain,” Mehta stated.
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https://techcrunch.com/wp-content/uploads/2020/10/shrav.jpg?w=300″alt=”Secureframe co-founder and CEO Shrav Mehta “width= “300”height=”300″ srcset =” https://techcrunch.com/wp-content/uploads/2020/10/shrav.jpg 550w, https://techcrunch.com/wp-content/uploads/2020/10/shrav.jpg?resize=150,150 150w, https://techcrunch.com/wp-content/uploads/2020/10/shrav.jpg?resize=300,300 300w, https://techcrunch.com/wp-content/uploads/2020/10/shrav.jpg?resize=32,32 32w, https://techcrunch.com/wp-content/uploads/2020/10/shrav.jpg?resize=50,50 50w, https://techcrunch.com/wp-content/uploads/2020/10/shrav.jpg?resize=64,64 64w, https://techcrunch.com/wp-content/uploads/2020/10/shrav.jpg?resize=96,96 96w, https://techcrunch.com/wp-content/uploads/2020/10/shrav.jpg?resize=128,128 128w “sizes= “(max-width: 300px) 100vw, 300px”> Secureframe co-founder and CEO Shrav Mehta After stints at Pilot and Scale AI after he left Lob in 2017– and informally assisting other companies manage the certification procedure– he co-founded Secureframe together with the business’s CTO, Natasja Nielsen.
“Due to the fact that Secureframe is basically adding a great deal of automation with our software application– and making the process so much simpler and much easier– we’re able to bring the expense down to a point where this is something that a lot more business can afford,” Mehta explained. “This is something that everyone can get in place from the first day, and not really need to stress that, ‘hey, this is going to take all of our time, it’s going to take a year, it’s going to cost a great deal of cash.’ […] We’re trying to solve that problem to make it incredibly easy for every single organization to be secure from the first day.”
The main idea here is to make the arcane accreditation process more transparent and streamline the procedure by automating a lot of the more labor-intensive tasks of preparing yourself for an audit (and it’s essentially constantly the pre-audit procedure that uses up most of the time). Secureframe does so by integrating with the most-often used cloud and SaaS tools (it presently connects to about 25 services) and drawing in data from them to check up on your security posture.
“It feels a lot like a QuickBooks or TurboTax-like experience, where we’ll essentially ask you to get in standard details about your service. We attempt to autofill as much of it as possible from third-party sources– then we ask you to link up all the integrations your organization uses,” Mehta discussed.
The company prepares to utilize much of the new financing to staff up and build out these integrations. In time, it will likewise include support for other accreditations like PCI, HITRUST and HIPAA.
Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.