Conformity, **founded in 2007**, is a company that offers an enterprise-class platform for managing and governing cloud applications. Their solution enables organizations to centrally oversee on-demand applications, users, and data, thereby **significantly mitigating security and compliance risks** while reducing operational costs associated with SaaS and cloud applications. The company operates in the **Enterprise Software and SaaS industries**. The most recent investment in Conformity was a **$3.00M Series A investment** on **28th January 2009**, led by **Alara Capital**. This investment demonstrates confidence in the company's mission and potential for growth. Conformity's focus on addressing the challenges associated with managing and governing cloud applications aligns with the increasing reliance on cloud technologies in the business world. Moreover, the company's approach to mitigating security and compliance risks while reducing costs reflects an understanding of the evolving needs of enterprises in the digital age. By offering a premier platform in this space and attracting investment from established firms like Alara Capital, Conformity positions itself as a compelling player in the enterprise cloud application management market. Keep an eye on Conformity as it continues to innovate and shape the future of cloud application governance.
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