# Anitian

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/anitian

- Industry: Software
- Headquarters: Beaverton, US
- Website: www.anitian.com
- Total disclosed funding: $70M
- Latest round: Series D (Nov 18, 2024)
- Investors on record: 2

## About

Anitian, Inc. is a US-based company specializing in compliance automation for cloud technologies, particularly assisting Software as a Service (SaaS) providers in achieving Federal Risk and Authorization Management Program (FedRAMP) compliance efficiently.Founded in 1995 and headquartered in Beaverton, Oregon, Anitian, Inc. focuses on cloud compliance automation. The firm has engaged in four significant deals, with the most recent funding round being a Series D completed on November 18, 2024, where it raised USD 5.3 mn led by Sageview Capital. The company's founder, Andrew Plato, has established a presence in the compliance sector, enhancing the strategic direction of Anitian under the leadership of CEO Rakesh Narasimhan.Anitian specializes in cloud compliance automation, assisting SaaS companies in achieving FedRAMP compliance efficiently. Its primary offering, the Compliance Automation Platform, features a pre-engineered security stack with over 20 modules tailored to meet security and compliance needs. This platform significantly reduces the time and costs associated with obtaining a FedRAMP Authority to Operate (ATO). Anitian's diverse clientele includes sectors such as cybersecurity, healthcare, and project management, with a focus on meeting stringent federal compliance standards.Anitian generates revenue through a subscription-based model and direct engagements with clients seeking FedRAMP authorization. Its agreements encompass a variety of services, including readiness assessments, authorization audits, and ongoing monitoring solutions, all tailored to individual client needs utilizing its Compliance Automation Platform.Following the recent Series D funding of USD 5.3 mn in November 2024, Anitian plans to accelerate the development of new AI-driven automation features within its platform and expand its platform-as-a-service (PaaS) offerings. The company aims to enhance its market reach by targeting new geographic regions and sectors, aligning with its strategic growth initiatives.

## Funding rounds

- Series D, Nov 18, 2024, $5.3M — Sageview Capital, Forgepoint
- Series B, Jan 20, 2022, $55M — Sageview Capital, Forgepoint
- Series A, Feb 25, 2019, $10M — Forgepoint

## Investors

- Forgepoint (https://capitalatlas.ai/funds/forgepoint) — Series A, Series B, Series D
- Sageview Capital (https://capitalatlas.ai/funds/sageview-capital) — Series B, Series D