Balance Theory, a seed-stage start-up working on technology to help security teams collaborate and manage data flows securely, has closed a USD 3 million funding round. According to Balance Theory, a company based in Columbia, Maryland, DataTribe led the early-stage investment with support from TEDCO.
With workflow visibility, Balance Theory is creating a “hardened collaborative workspace for cybersecurity” to aid defenders in better project tracking and communication. According to Greg Baker, CEO of Balance Theory, the goal is to create a platform that will replace the manual, unreliable, and expensive process of effective internal security communications.
Also Read: Key Strategies for Enterprise Cybersecurity in 2023
The anticipated product promises DLP (data leakage prevention) tools to aid in data classification, rights management, and controls for information sharing.
Read More: Balance Theory Scores Seed Funding for Secure Workspace Collaboration
