A-Lign, a Tampa, Florida-based provider of security and compliance solutions, received $54.5m a investment.
FTV Capital made the investment. As part of the transaction, FTV Capital partner Liron Gitig and managing partner Richard Garman will join the company’s board of directors.
The company intends to use the funds to invest in its service offerings, platform features and capabilities, team expansion and commitment to customer success.
Led by Scott Price, CEO, A-Lign provides security and compliance solutions in the form of assessments, audits and cyber risk advisory and testing services for companies ranging from small-medium sized businesses to large enterprises.
The company has developed a methodology to deliver assessments and expertise, enabling organizations to address third party risks, security controls and privacy concerns and plans to continue investment into its proprietary technology platform, A-SCEND, which allows customers to streamline the complex audit and certification process via workflow automation, document management and auditing history.
A-Lign is focused on the four core service areas to address the critical needs of its clients:
• Compliance Assessments: SSAE 18, SOC I, II, III audits and assessments;
• Industry Specific Audits such as ISO, PCI, HITRUST, HIPAA;
• Cybersecurity Services: Penetration testing, vulnerability scanning; and
• Cyber Risk and Privacy: GDPR, CCPA, related privacy and incident planning services.