Scytale

growth-positive

Israeli startup Scytale, specializing in compliance automation, has acquired fellow Israeli company AudITech for approximately $15 million. AudITechs technology, focused on Sarbanes Oxley IT General Controls, will be integrated into Scytales AI-driven compliance system. The acquisition includes all ten AudITech employees joining Scytale. Scytales platform offers efficient compliance management across information security, privacy, and AI, supporting thousands of audits globally. The acquisition is seen as a strategic move to enhance Scytales capabilities in managing SOX audits and automating ITGC controls. Scytales customers include major companies like Deel, Intel, and Guesty.

growth-positive

Scytale, a company specializing in automating compliance processes for information security, privacy, and AI, has appointed Adiel Horesh as its new Chief Business Development Officer. With a background in cloud procurement technologies from AWS, Adiel aims to expand Scytales partnerships with global cloud service providers, particularly AWS. Founded in 2021, Scytale has raised tens of millions of dollars from private investors and serves over 700 global customers, including Deel, Intel, and Berlitz. The company is rapidly expanding, with a workforce of over 100 employees across multiple international locations. Scytales platform is designed to streamline compliance processes, saving time and resources while ensuring continued compliance through real-time monitoring.

growth-positive

Scytale is collaborating with Cellebrite DI to automate the companys security compliance processes and IT audits. The collaboration is expected to help Cellebrite DI streamline its compliance workloads and enable a faster, smarter, and more efficient audit-readiness process. Scytale provides smart compliance technology and expert support to global technology companies. Cellebrite is the world leader in Digital Intelligence and investigative analytics, partnering with organizations to transform how they manage data in investigations. The collaboration will help Cellebrite maintain its security compliance and improve its security and compliance teams capabilities.

growth-positive

Scytale, a global leader in security compliance automation, has announced the launch of the SOC 2 Academy, a masterclass that provides education on SOC 2 compliance for entrepreneurs, startups, engineers, and security teams. The company, founded in 2020 by Meiran Galis, raised seed funding from VAT IT Group to develop its platform for managing continuous security audits and compliance. Scytale helps SaaS companies meet SOC 2 requirements, which is essential for doing business with companies handling sensitive data. The SOC 2 Academy offers a comprehensive course covering various topics related to SOC 2 and provides a SOC 2 Master Implementer Certificate upon completion. Scytales automated compliance and continuous audit management save customers time and resources, allowing them to focus on their core competencies. Some of Scytales customers include Deel, PayEm, SQream, and Aerogami.