NVISIONx, a Los Angeles, CA-based first data risk intelligence (DRI) platform, closed its $4.6 million seed funding round.
The round was led by Companyon Ventures, with participation from Morgan Stanley Next Level Fund, SixThirty Ventures, Gaingels, Gutbrain Ventures, PBJ Capital, and CreativeCo Capital.
The company intends to use the funds to accelerate growth, aimed at enhancing market presence, building out the executive team, and further developing its technology.
Round: Seed Round
Funding Month: January 2022
Lead Investors: Companyon Ventures
Additional Investors: Morgan Stanley Next Level Fund, SixThirty Ventures, Gaingels, Gutbrain Ventures, PBJ Capital, and CreativeCo Capital
Company Website: https://www.nvisionx.ai/
Software Category: Data risk intelligence (DRI) platform
About the Company: Led by Glen Day, Founding CEO, NVISIONx provides a data risk intelligence (DRI) platform that combines business data and cyber intel analytics to allow companies to gain complete control of their enterprise data to reduce risk, compliance scopes, and storage costs. Nx Platform provides a new approach to enterprise data inventory and classification through visual analytics that enables Business, IT, and Cyber leaders to collaborate on what data to protect and what to purge, so they can take action to optimize security controls and defensibly purge files that have no business value, incur risk, and provide cost savings across the enterprise in a few weeks.