Apptega, a cybersecurity and compliance platform, has scored $37m in a growth equity firm Mainsall Partners.
With the funds, the company plans to scale its platform into new markets and channels.
The RegTech company helps businesses build, manage and report their cybersecurity and compliance programs, with over 25 cybersecurity frameworks. Its technology helps clients meet compliance with SOC 2, HIPAA, PCI, CMMC, ISO, GDPR and other regulations.
Its technology is used by over 500 companies across the financial services, healthcare, SaaS, aviation, insurance and other industries.
Mainsail partner David Farsai said, “We are proud to partner with the team at Apptega to streamline the complexity of cybersecurity and compliance.
“We are especially impressed with Apptega’s ability and success empowering MSSPs to more effectively implement and manage comprehensive cybersecurity and compliance programs to help reduce incidents, streamline evidence collection and achieve compliance for their clients from assessment to audit.”
Earlier in the week, fellow CyberTech company Todyl raised $28m in its Series A funding round. The company offers a cloud-first platform has solutions for firewall, endpoint detection and response, managed threat hunting, ransomware protection, secure web gateway and more
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