Get the latest tech news
Whistleblower Software rebrands, expands into compliance with $16M
Whistleblower Software is now Formalize, as it expands into compliance software with a fresh €15 million to fund the expansion.
“The compliance software market is booming, driven by the EU’s robust regulatory agenda,” Formalize co-founder and CEO Jakob Lilholm told TechCrunch over email. It’s also worth noting the NIS2 cybersecurity regulations which has provisions for data security, entering into force last January with European member states given until October this year to transpose it into national law. “Each new law, like GDPR or the upcoming NIS2, requires time to implement and operate — effectively managing regulations is a business advantage in an evolving landscape of new legislation,” Lilholm said.
Or read this on TechCrunch
