Tugboat Logic
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $3.6m | Seed | |
* | $8.8m | Early VC | |
N/A | Acquisition | ||
Total Funding | $12.4m |
Recent News about Tugboat Logic
EditTugboat Logic operates in the cybersecurity and compliance market, offering an automated platform designed to simplify the process of passing security audits and maintaining compliance with standards such as SOC 2, PCI, and ISO 27001. The company serves businesses of all sizes that need to adhere to stringent security and compliance requirements. Tugboat Logic's core product, the Virtual Security Officer Platform, automates various security activities, including evidence collection, audit readiness, vendor risk management, and security questionnaires. This automation helps clients reduce the time and effort required to achieve and maintain compliance, thereby enabling them to focus on their core business activities. The business model is subscription-based, where clients pay for access to the platform and its features. Revenue is generated through these subscriptions, which can vary based on the level of service and number of users. The platform's key features include pre-built policies, automated workflows for security control implementation, and machine learning capabilities for answering security questionnaires. Tugboat Logic's target clients are companies that need to comply with industry standards and regulations, particularly those in sectors like technology, finance, and healthcare. By offering a streamlined and automated solution, Tugboat Logic helps these companies save time, reduce costs, and improve their security posture.
Keywords: cybersecurity, compliance, SOC 2, PCI, ISO 27001, automated platform, audit readiness, vendor risk management, security questionnaires, machine learning.