OneTrust
Tugboat Logic by OneTrust takes the misery out of passing security audits — making it possible for startups to land and manage enterprise clients more quickly.
About OneTrust
Tugboat Logic by OneTrust is the Security Assurance Platform. Unlike traditional consulting firms, only Tugboat Logic provides automated technology to demystify the process of creating and managing an InfoSec program. With Tugboat Logic, enterprises can quickly get secure and prove it to customers. Powered by artificial intelligence, Tugboat Logic’s patent-pending technology automates InfoSec policy creation, security audit readiness, and security questionnaire response so enterprises can gain trust with customers and sell more. Tugboat Logic cuts the time and cost of audit readiness in half, helps startups and SMBs respond to security questionnaires 45% faster, and builds a complete InfoSec plan in minutes. Tugboat Logic is a cloud-based subscription service.
Compliance has become critical to a technology vendor’s sales process and is often an initial gating question. Ray witnessed that and moved quickly to build a best in class security assurance platform. We’ve seen rapid adoption of Tugboat Logic within our portfolio, and have seen firsthand how Tugboat Logic enables its customers to build trust with their buyers and ultimately sell more.
In 2021 Tugboat was acquired by OneTrust. This acquisition accelerates an incredible growth trajectory. We’re excited to see what the future holds for Ray and the OneTrust team, and the opportunity to continue supporting them on their journey in this key emerging category.
Company Information
Headquarters: Burlingame, CA
Investment Information
Investment year: 2020