VISO Trust, a San Francisco, CA-based industry's first AI-based cybersecurity due diligence platform, announced that it raised $11 million in Series A funding.

The round was led by Bain Capital Ventures, with additional participation from Work-Bench, Sierra Ventures, and Lytical Ventures. Mandiant CEO Kevin Mandia, Crowdstrike CEO George Kurtz, and former Splunk CEO Doug Merritt also participated in the round.

Enrique Salem, Partner at Bain Capital Ventures, will join VISO Trust's Board of Directors. 

Company: Valente Sherman, Inc.

Raised: $11.0M

Round: Series A

Funding Month: March 2022

Lead Investors: Bain Capital Ventures

Additional Investors: Work-Bench, Sierra Ventures, Lytical Ventures, Kevin Mandia, George Kurtz, and Doug Merritt 

Company Website: https://www.visotrust.com/

Software Category: AI-based third-party cyber risk management platform

About the Company: VISO Trust was co-founded by former CISO Paul Valente (CEO) and veteran security and technology leader Russell Sherman (CTO). VISO Trust is delivering continuous automated cyber due diligence for the modern enterprise. By leveraging social due diligence and curated artificial intelligence, VISO Trust delivers the timely, accurate information needed to make good risk decisions at the speed of business. As the industry's first AI-based third-party cyber due diligence platform, VISO Trust has scaled rapidly to a broad set of customers, ranging from hyper-growth tech companies to Fortune 500 enterprises, across consumer-facing & highly-regulated industries like banking, automotive, and retail.

Source: https://www.prnewswire.com/news-releases/viso-trust-raises-11-million-to-automate-third-party-cyber-due-diligence-at-scale-301495138.html