[Funding alert] Netherlands-based Tidal Control Secures €500K in a Pre-Seed Round Funding

Saturday 27, 2024 | By Startup Rise EU

Netherlands-based Tidal Control secures €500K in a pre-seed round funding to further develop and commercially scale up the first European platform dedicated to automating compliance activities.

Netherlands-based Tidal Control secures €500K in a pre-seed round funding to further develop and commercially scale up the first European platform dedicated to automating compliance activities.

Read also - London-based OpenDialog Secures over €7 Million in Series A Round Funding

The funding round is led by the Brabantse Ontwikkelings Maatschappij and the Rabobank. In addition, the Starterslift and the municipal data- and ICT startersfund of the Bossche Investerings Maatschappij participated.

Dennis van de Wiel, co-founder of Tidal Control said, "We are all using more and more cloud tools and exchanging data with each other automatically. But who knows all the 700 security settings of Microsoft Azure? Then give your customers the confidence that you manage their data safely. Tidal Control bridges the gap by continuously monitoring all your tools. -".

Tidal Control’s software guides the organisation through the process. Going through these steps is largely automated up to and including continuous monitoring to remain compliant.

Read also - Berlin-based Packmatic Secures €15 Million in Series A Round Funding

The use of the platform is guaranteed to lead to certification. The software is already being used from early-stage startups to companies with 2,000 employees to monitor their information security in real-time.

Robin Hendrickx, investment manager of BOM said, "The growing dependence on digital systems and the rise of disruptive technologies such as artificial intelligence increase the risk of cyber attacks and data breaches. And this throughout the chain, from startup to enterprise. We believe that setting up and monitoring IT security mechanisms will become a ’license to operate’. Tidal Control has the potential to become the fundamental infrastructure for this ".

About Tidal Control

The platform for compliance automation, Tidal Control, keeps an eye on your systems and converts data into compliance performance. Write policies that are appropriate for their intended use, do endless mapping exercises, document system configurations, software updates, user access, and auditor explanations, and save yourself hundreds of hours.

Read also - London-based Metris Energy Secures €2.3 Million in Pre-Seed Funding

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