TLDR:
– SafeBase, a platform for security reviews, raised $33M in Series B funding.
– The round was led by Touring Capital with participation from Zoom Ventures, NEA, Y Combinator, Comcast Ventures, and Cerca Partners.
SafeBase, a San Francisco-based company, has raised $33M in Series B funding. The funding round was led by Touring Capital, with participation from Zoom Ventures, NEA, Y Combinator, Comcast Ventures, and Cerca Partners, as well as cybersecurity executives like former Salesforce Chief Trust Officer, Jim Alkove.
The company, led by CEO Al Yang, offers the Trust Center Platform, which allows businesses to communicate their security and trust posture while automating access to sensitive documents and company data. Their flagship products, Trust Center and AI Questionnaire Assistance, help reduce the need for time-consuming security questionnaires and improve buying experiences.
Companies like Abnormal Security, Amplitude, and LinkedIn rely on SafeBase to build and maintain customer trust. With this new funding, SafeBase plans to expand its operations and development efforts to create a future where security assessments are done in real-time with no friction.
In a statement, CEO Al Yang expressed excitement about the investment, emphasizing the company’s vision to transform the future of third-party risk assessments and security.
