Viso Trust, a San Francisco, CA-based AI-based cybersecurity due diligence platform, raised $11m in Series A funding.
The round was led by Bain Capital Ventures, with participation from Work-Bench, Sierra Ventures, and Lytical Ventures. Mandiant CEO Kevin Mandia, Crowdstrike CEO George Kurtz, and former Splunk CEO Doug Merritt also participated in the round, and BCV Partner Enrique Salem will join Viso Trust’s Board of Directors.
Co-founded by former CISO Paul Valente (CEO) and veteran security and technology leader Russell Sherman (CTO), Viso Trust is a third-party cyber risk management platform that leverages document heuristics, machine learning, and natural language processing to discover, classify, and assess relevant control language in artifacts that third parties already have, freeing risk and security teams from manual and mundane tasks like reading documents and analyzing spreadsheets.
In under a year, the company has scaled rapidly among companies, ranging from hyper-growth tech companies to Fortune 500 enterprises, across consumer-facing & highly-regulated industries like banking, automotive, and retail.