Agiliance provides RiskVision, a software platform that continuously monitors big data for risks across financial, operations, and IT domains. The platform is used by Global 2000 companies and multiple U.S. government agencies. Customers named in the article include Bell Canada, Cisco Systems, Deutsche Bank AG, Qualcomm, State Street Bank and several federal departments. Led by President and CEO Joe Fantuzzi, the company plans to increase product marketing and target sector distribution efforts. Agiliance also intends to bring a new cloud offering to market. The company is backed by investors including Intel Capital, Walden International, Red Rock Ventures and Castile Ventures. Agiliance offers a top-down, risk-oriented Security Risk and Compliance management solution that enables continuous assessment, correlation and quantification of security risk and compliance posture. Its patent-pending technology integrates business processes, applications, IT and physical assets, employees and vendors, and maps controls to standards and frameworks (e.g., ISO 17799/27001, CobiT, NIST) to reduce duplication of effort. The product provides continuous visibility into risk and compliance, helping users prioritize mitigation and fine-tune control deployment. The company said about half a dozen organizations, including some Fortune 500 companies, are using the software but would not disclose how many are paying customers. Agiliance announced the product would be publicly available within a few months and said the new financing will allow it to accelerate product development as well as sales and marketing. The company framed its approach as preemptive—aimed at preventing problems rather than only diagnosing breaches after they occur.

Total raised

$12M

Funding rounds

2

Latest round

Equity

Latest activity

May 2014