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Relyance lands $32M to help companies comply with data regulations
Relyance is developing a set of tools to help companies ensure that their data usage practices align with global regulations.
Relyance’s solution is an engine that scans an org’s data sources — such as third-party apps, cloud environments, AI models, and code repositories — and checks to see if they’re in agreement with policies. Sharma claims that the business is on track to double annual recurring revenue this year, and that Relyance’s customer base — which includes Coinbase, Snowflake, MyFitnessPal, and Plaid — grew 30% in H1. “Our hiring efforts will primarily focus on expanding our engineering team and increasing our go-to-market capacity to support our product development and growth momentum.”
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