Anitian, a compliance automation solutions provider based in Palo Alto, California, has raised $7 million in a Series D funding round.
The round was led by Sageview Capital, with additional support from Forgepoint Capital, bringing the startup's total funding to over $50 million.
The startup also announced the appointment of Chris Finan as the new CEO. Finan, who has extensive experience in cybersecurity, compliance, and cloud solutions across both public and private sectors, will lead Anitian's strategy to transform compliance processes using AI-powered tools and PaaS solutions. These innovations are designed to make compliance faster, more accessible, and less costly for organizations dealing with federal requirements.
Chris Finan replaces Tom Kelly, who led Anitian during a period of significant growth and innovation.
Kelly will continue to serve on Anitian’s Board of Directors, providing strategic guidance.
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The new funding will be used to accelerate the launch of new AI-driven automation features and an accredited Platform-as-a-Service (PaaS), aimed at simplifying FedRAMP and CMMC compliance for Cloud Service Providers (CSPs) and the Defense Industrial Base (DIB).
