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Scrut raises $3 Million in Funding Round

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Scrut raises $3 Million in Funding Round
07 Feb 2022
5 min read

News Synopsis

A full-stack information security compliance platform, Scrut Automation has raised $3 billion in the seed funding round from Lightspeed and Endiya Partners. The company will use the capital raised to expand its operations in the USA, UK and Asia. It is also planning to enhance automation capabilities, and create the largest marketplace for information security resources like auditors, subject matters experts and penetration testers.

Scrut Automation was founded in 2021. It aims to be a virtual Chief Information Security Officer (CISO) and to reduce the CTOs and efforts of the compliance teams in managing infosec compliance.

The company automates a bulk of labour-intensive compliance tasks by integrating with the most often used cloud and SaaS tools and collecting hundreds of evidence artifacts. It has clients across India, Singapore and the USA. Scrut Automation also plans to expand its operations and start hiring in the USA and other global markets.