SafeBase Raises $33M in Funding to Expand Operations and Enhance Security Platform

SafeBase Raises $33M in Series B Funding

Key Highlights:

• Series B Funding: SafeBase, a provider of a platform for security reviews, raised $33 million in Series B funding.
• Investors: The round was led by Touring Capital, with participation from Zoom Ventures, NEA, Y Combinator, Comcast Ventures, Cerca Partners, and prominent cybersecurity executives.
• Expansion and Development: The funding will be used to expand operations and further develop SafeBase's platform.

SafeBase's Target Market

• Target Market: Companies across various industries seeking to communicate their security and trust posture while automating access to sensitive documents and key security artifacts.
• Security and GRC Teams: Security, governance, risk, and compliance teams looking to streamline security questionnaires and improve buying experiences.
• Revenue Teams: Sales and revenue teams aiming to accelerate sales velocity and position security as a revenue enabler.

What SafeBase Needs to Buy

• Platform Development: Investments in platform development to enhance the Trust Center Platform and AI Questionnaire Assistance products.
• Partnerships and Integrations: Collaborations with other cybersecurity and technology companies to expand the capabilities and reach of SafeBase's platform.
• Marketing and Sales Support: Resources to support marketing efforts and sales activities to attract new customers and maintain existing relationships.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.