Anitian: Compliance Automation Company Secures $7 Million (Series D)

By Amit Chowdhry ● Dec 3, 2024

Anitian, a provider of compliance automation solutions, announced the closing of a $7 million Series D funding round led by Sageview Capital with continued support from Forgepoint Capital. And this brings Anitian’s total funding to over $50 million and will accelerate the launch of its new AI-driven automation features and an accredited Platform-as-a-Service (PaaS), reducing the time and cost of achieving FedRAMP and CMMC compliance for Cloud Service Providers (CSPs) and the Defense Industrial Base (DIB).

Anitian’s innovations include AI automation features that streamline compliance by reducing manual effort and accelerating control implementation. And these advancements, combined with the new accredited PaaS, will enable organizations to achieve FedRAMP and CMMC compliance more efficiently, unlocking revenue opportunities in the federal marketplace.

Anitian also announced the appointment of Chris Finan as its new CEO. As a seasoned leader with extensive experience in cybersecurity, compliance, and cloud solutions, Chris has held senior roles in both the public and private sectors, bringing a unique perspective to Anitian’s strategic vision.

Under Tom’s leadership, Anitian solidified its position as a market leader in compliance automation. Tom will continue to provide strategic guidance on Anitian’s Board of Directors.

KEY QUOTES:

“This financing underscores our investors’ confidence in Anitian’s strategy to transform the compliance process. Our AI-powered tools and innovative PaaS solution redefine how CSPs and Department of Defense suppliers achieve compliance, enabling faster, more affordable access to federal market opportunities without the constraints imposed by legacy solutions.”

“Our mission has always been to streamline compliance for our customers. This funding and our next-generation PaaS solution are major steps forward, making compliance even faster, more accessible, and less costly for organizations navigating federal requirements.”

“I am honored to lead Anitian at this pivotal time. Our innovative solutions and strong team position us to revolutionize compliance automation, helping companies pursuing public sector business opportunities to meet the highest security standards while accelerating their time-to-revenue.”

“Tom’s vision and leadership have been critical to our success. We are grateful for his impact and look forward to his continued support as we embark on this next chapter.”

  • Chris Finan, Anitian’s newly appointed CEO

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