Tugboat Logic
Latest round
- Series A
Last raised
- Jun 2020
Total raised
- $9M
Investors
- 2
About Tugboat Logic
Tugboat Logic Inc. specializes in security assurance solutions, having been founded in 2017 in Burlingame, US.Tugboat Logic, now part of the OneTrust GRC & Security Assurance Cloud, offers a comprehensive Security Assurance Platform designed to enhance risk management and security functions for organizations globally. The platform integrates various tools and services aimed at helping businesses maintain resilience against cyber threats and comply with security regulations. Key functionalities include risk assessments, policy management, and vendor risk management, which are tailored to meet the needs of companies across multiple sectors. The offerings primarily serve mid-sized to large enterprises across North America, Europe, and Canada, focusing on industries that require stringent security postures due to regulatory demands.Tugboat Logic generates revenue primarily through subscription-based models, providing its clients with ongoing access to its Security Assurance Platform. Clients typically engage in annual contracts that encompass a range of services, including access to software tools and customer support. The pricing structure is tiered based on the size of the organization and the specific services selected, allowing for scalability as clients' security needs evolve. These transactions are structured as B2B agreements, with organizations leveraging the platform to enhance their security measures and improve overall risk management.In September 2021, Tugboat Logic was acquired by OneTrust LLC, which indicates a strategic move towards enhancing its product offerings and expanding its market reach. Going forward, Tugboat Logic aims to develop new functionalities within its Security Assurance Platform and expand into additional markets in Europe and Asia by 2023.
Who invested in Tugboat Logic
2 investors across 4 rounds
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Questions about Tugboat Logic
Who invested in Tugboat Logic?
Tugboat Logic has 2 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Tugboat Logic raised?
Tugboat Logic has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Tugboat Logic last raise money?
Tugboat Logic's most recent round on record is a Series A, in Jun 2020.
What does Tugboat Logic do?
Tugboat Logic is a software company.
Where is Tugboat Logic headquartered?
Tugboat Logic is headquartered in Burlingame, US.
Which VCs invest in companies like Tugboat Logic?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Tugboat Logic's stage. Their profiles are linked below.
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