Vendict Secures $9.5M Funding to Revolutionize Security Compliance with AI Automation

Vendict, a company dedicated to revolutionizing security compliance with AI automation, has just closed a round of Series A funding totaling $9.5 million. The round was led by Lachy Groom of Index Ventures, and included participation from Dharmesh Shah of Infinitealent and Anshu Sharma of Storm Ventures.

Vendict’s mission is to make security compliance less time consuming, expensive, and tedious, while ensuring that companies remain compliant with all security regulations. The company is doing this by using artificial intelligence to automate many of the necessary processes involved in ensuring compliance.

Vendict’s AI system can analyze an organization’s security system and identify gaps in protection, as well as providing recommendations for improvement. This ensures that organizations have up-to-date security in place and remain compliant with relevant regulations and laws. The system also helps to reduce costs by streamlining many of the manual processes involved in compliance.

The technology developed by Vendict is particularly pertinent in today’s increasingly digital world, wherein hackers are becoming more and more sophisticated in their attacks. By ensuring that organizations have robust protection in place, Vendict is helping to protect businesses from the impacts of data breaches.

The recent funding will enable Vendict to expand its AI technology and reach more organizations around the world in need of better security compliance solutions. The company is also looking into how its system can be integrated into larger security solutions to provide better protection for organizations of any size.

As organizations continue to grapple with the costs and complexity of keeping up with security regulations, Vendict is working hard to revolutionize compliance solutions with the power of AI automation. With the new funding, the company is well-positioned to make a real dent in the security compliance industry.