- ByteChek — a Miami-based cybersecurity compliance startup — raised a significantly oversubscribed $3 million in seed funding. These are the details.
ByteChek — a Miami-based cybersecurity compliance startup — raised a significantly oversubscribed $3 million in seed funding with plans to announce an enhancement to their exclusive all-in-one compliance automation solution for Service Organization Control (SOC 2), HIPAA, and International Organization for Standardization (ISO) 27001 compliance assessments.
Authentic Ventures led the seed round of funding with participation from Concrete Rose Capital, Level Up Ventures (Hearst), Black Venture Capital Consortium, Miami Angels, Black Angels Miami, as well as notable angel investors including Nick Caldwell, Kimberly Marshall, Tom Stocky, Omri Dahan, Chris Singleton, Malcolm Robinson, Corey Quinn, Greg Waldorf, DeVaris Brown, Ted Lucas, Frank Kim, Charmel Maynard and Bonfire Ventures Scout, Mandy Howard. And Authentic Ventures Managing Partner Lindsay Lee also joined ByteChek’s board of directors.
This funding round will enable ByteChek to double the size of its current team, with a focus on hiring engineer leaders and product professionals. And the company will also expand automated features for cybersecurity frameworks, including enhancing its all-in-one SOC 2 offering, improving HIPAA and ISO 27001 software solutions.
KEY QUOTE:
“Over the years, we’ve seen an increasing demand for automated solutions to solve compliance problems. We’re going to continue to lead the charge to simplify compliance and bring a solution to the market that doesn’t involve multiple providers and complex processes. ByteChek’s automated platform is ushering a new era of compliance automation.”
— AJ Yawn, ByteChek CEO and Founder
