Priya Patel
TLDR:
- Apptega raises $15 million in growth equity and debt capital
- The company provides cybersecurity compliance platform for MSSPs and MDR companies
Apptega, a startup based in Atlanta, Georgia, has secured $15 million in funding from Mainsail Partners to further develop its end-to-end cybersecurity compliance platform. The platform aims to assist managed security service providers (MSSPs) and managed detection and response (MDR) companies in real-time security and compliance scoring. Founded in 2017, Apptega offers a full-lifecycle compliance platform that enables providers to build and manage cybersecurity and compliance programs, delivering continuous compliance offerings and standardizing existing services. The technology allows customers to assess their products against multiple frameworks, receive AI-driven recommendations, and manage multiple programs and clients from a single interface. MSSPs and security-focused MSPs can use the platform to map services and tools to tasks and meet common security and compliance framework requirements.
The new investment will support Apptega’s research and development efforts, with a focus on leveraging artificial intelligence. CEO Dave Colesante stated that the goal is to help MSPs deliver market-differentiated security and compliance services, and to provide enablement and go-to-market programs for growth and differentiation. The funding round led by Mainsail Partners brings Apptega’s total raised capital to over $50 million.
Overall, Apptega’s innovative approach to cybersecurity compliance through AI-driven technology and continuous security offerings can potentially revolutionize the way MSSPs and MDR companies manage and deliver their services in the industry.
