PRESS RELEASE
SAN FRANCISCO, Nov. 21, 2024 /PRNewswire/ — VISO TRUST, a leader in AI-powered third-party risk management (TPRM), today announced the closing of its latest funding round of $7M in additional funding, bringing the total raised to $24M, with participation from both existing investors, Bain Capital Ventures, Work-Bench, Sierra Ventures, and Lytical Ventures, and new investors, Allstate Strategic Ventures, Cisco Investments, EnvisionX Capital, and Scale Asia Ventures.
This funding will further VISO TRUST’s mission to transform TPRM through an adaptive AI-driven platform, bringing enhanced security intelligence and seamless third-party risk management to enterprises worldwide.
Enhancing Third-Party Risk Management with Integrated Security Intelligence
VISO TRUST’s AI-powered platform delivers real-time, evidence-based assessments by intelligently collecting, analyzing, and continuously monitoring artifacts from vendors. This approach removes friction for vendors, eliminates the manual analysis burden for TPRM professionals, and enables comprehensive, high-quality assessments. The platform analyzes control presence, testing methodologies, exceptions, Nth-party…
