Laika, a provider of compliance solutions, disclosed this week that it had raised USD 50 million in a Series C funding round, bringing the total amount invested in the business to USD 98 million.
Fin Capital served as the lead investor in the new funding round, with participation from other new and old investors such as Centana Growth Partners, Canapi, J.P. Morgan Growth Equity Partners, and ThirdPrime. The 2019-founded company in New York offers businesses end-to-end software and services that guarantee information security compliance.
The company’s platform offers audit management and compliance automation, bringing all audits together in one location for simple progress monitoring. Additionally, it combines and coordinates the audits for better visibility.