The round was led by ServiceNow Ventures, with participation from Cisco Investments, Presidio Ventures, OpenView Venture Partners, Tola Capital, and existing investors. The funding comes on the heels of a banner year of growth with enterprise and mid-market customers, and will be used to further accelerate enterprise go-to-market and channel operations, while enhancing its AI capabilities to provide enterprise chief information security officers (CISOs) with a unified view of security risk across the IT landscape. TrustCloud's AI aggregates, analyzes and acts on data in multiple IT, data, and cybersecurity platforms, eradicates thousands hours of manual GRC work, and helps CISOs re-prioritize their team's focus on strategic security initiatives -- allowing them to reduce financial risk, cut costs, and accelerate revenue and compliance activities.

TrustCloud, the AI platform for GRC transformation, delivers security assurance for CISOs and GRC leaders. TrustCloud's AI helps enterprises streamline cyber risk assessments, third-party vendor risk workflows, security questionnaires completion, and continuous compliance. By leveraging AI and API based automation, TrustCloud enables organizations to eradicate manual work, monitor real-time risk visibility, and accelerate revenue. Trusted by CISOs and GRC leaders worldwide, TrustCloud empowers businesses to turn security into a strategic advantage while ensuring regulatory, contractual, and operational cyber resilience.