Conformity, creators of the first suite of on-demand solutions to enable organizations to centrally govern and manage users of software-as-a-service (SaaS) and cloud applications, today announced it has secured an additional $3 million in Series A financing led by Guggenheim Venture Partners. The new funding is in addition to the $3 million raised in January 2009 and will be used for product line expansion and accelerating sales and marketing activities. “The growth and market success [...]
We assigned a special guest blogger, Scott Francis, to cover Conformity’s recent launch. Scott is Co-founder and CTO of BP3, an Austin-based business process improvement consultancy.
Normally, my goal with this space is to write about Austin-area companies that are intriguing, but maybe not “on the radar” yet. But, I’m cheating a bit this time, by writing about Conformity. I met Scott Bils, its founding CEO, more than three years ago when we were both laboring away at ventures – me in services, he in software – that were focused on helping companies in the post-Sarbanes Oxley regulatory world. Scott’s firm [...]
