Paragon Data Labs (PDL), the creators of Compliance Administration & Tracking (CAT), a cloud-based enterprise compliance platform, is pleased to announce its first round of angel investors.

Paragon Data Labs is a technology company that develops cloud-based enterprise software solutions to streamline critical operations for financial services firms. Frustrated by the underdeveloped state of compliance software combined with an evolving regulatory environment, three industry veterans, Jefferson Mitchell, Joshua Litwack and SK Gupta, founded Paragon Data Labs to Make Compliance Simple.