Anitian, a leading provider of cloud security and compliance solutions, has announced a new $13 million investment round led by Sageview Capital and 71MSP. The funding will be used to accelerate the company’s growth and expand its product offerings.
The Portland Business Journal reported on this significant investment, noting that it brings Anitian’s total funding to over $25 million. This latest funding round will allow the company to invest in new technology and expand its team, helping it to better serve its growing customer base.
Anitian offers a wide range of security and compliance solutions that help organizations protect their critical data and meet regulatory requirements. Its products include Cloud Security Automation, Compliance Automation, and Managed Security Services. The company also offers consulting services to help organizations design and implement effective security and compliance programs.
The company has seen significant growth in recent years as more organizations move their workloads to the cloud. Anitian’s solutions are designed to meet the unique challenges of cloud security, providing a comprehensive suite of tools to help organizations protect their data and stay compliant.
The investment from Sageview Capital and 71MSP is a significant endorsement of Anitian’s technology and business strategy. Sageview Capital is a leading growth equity firm that has invested in a wide range of successful companies, including DocuSign, GoFundMe, and Zoom. 71MSP is a private equity firm that focuses on investing in software and technology companies.
In a statement, Anitian CEO Andrew Plato expressed his excitement about the investment, saying, “We are thrilled to have the support of Sageview Capital and 71MSP as we continue to grow and expand our business. This funding will allow us to invest in new technology and expand our team, enabling us to better serve our customers and continue to innovate in the cloud security space.”
The investment in Anitian is another sign of the growing importance of cloud security in today’s business landscape. As more organizations move their workloads to the cloud, they need robust security and compliance solutions to protect their data and meet regulatory requirements. Anitian’s solutions are well-positioned to meet these needs, and with the support of Sageview Capital and 71MSP, the company is poised for continued growth and success.
In conclusion, Anitian’s recent $13 million investment round led by Sageview Capital and 71MSP is a significant milestone for the company. The investment will enable Anitian to accelerate its growth and expand its product offerings, helping it to better serve its growing customer base. With its comprehensive suite of cloud security and compliance solutions, Anitian is well-positioned to meet the needs of organizations in today’s cloud-first world.