FOR IMMEDIATE RELEASE
DigitalXForce Set to Secure $4M Seed Round at a $33M Valuation, Accelerating Global Expansion of AI-Powered Security Solutions
Dallas, Texas, October 30, 2024. DigitalXForce, a provider of real-time, continuous enterprise trust, risk, security and compliance management, is preparing to announce the closure of a $4M seed round at a $33M valuation. The round will be led by Innovating Capital, with strategic investments from Kapital.io and investors across India and the Middle East.
Enterprise security, run continuously
DigitalXForce has built an AI-native platform for automated GRC and security posture management on a cybersecurity mesh architecture, with its own generative AI engine, XForce GPT. The platform gives security and risk teams live evidence from their existing tools, security blueprints, and control mapping across the regulatory frameworks they report against.
Customers
Since its launch, DigitalXForce has been chosen by global enterprises including DP World, Gulf Marketing Group, PwC and City National Bank to test and report on their security posture continuously rather than at the next audit.
Use of funds
The seed round funds expansion in three areas: hiring across the regions DigitalXForce serves, platform capability, and making the platform available to more enterprises worldwide.
For more information about DigitalXForce or the round, contact the media relations team at info@digitalxforce.com.
