LockPath is a Kansas City-based provider of governance, risk and compliance (GRC) applications. Its core product, Keylight, is a GRC platform that correlates security information from multiple data sources with current regulations and policies to gauge risk and support compliance decisions. The company serves organizations of all sizes seeking to address regulatory compliance and risk-management challenges. LockPath intends to use recent funding to further develop Keylight to increase scalability and usability. It also plans to expand its channel program via global team growth and improved partner development and certification programs. LockPath closed a $6M Series B led by El Dorado Ventures, which strengthens its financial position for product and go-to-market expansion. LockPath develops information security software products designed to enable regulated organizations of all sizes to move from isolated compliance initiatives and departmental silos of risk-related information to integrated, company-wide compliance strategies. Led by CEO Chris Caldwell, the company offers governance, risk and compliance (GRC) applications. LockPath is based in Overland Park in the Kansas City area and has offices in Minneapolis and Santa Clara. The company closed a $2m Series A financing to support growth. It intends to use the funds to expand its team. In conjunction with the funding, El Dorado Ventures’ General Partner Jeff Hinck joined LockPath’s board.

Total raised

$8M

Funding rounds

2

Latest round

Series B

Latest activity

Jul 2012