Investment For FAT32
The regulatory tech landscape is undergoing a significant transformation, with innovations like FAT32 leading the way. Recently, Northstar Ventures announced its investment in FAT32 as part of their newly launched Venture Sunderland Fund, contributing a monumental £625,000 to the company. This funding marks an important milestone for FAT32, a cutting-edge firm devoted to addressing compliance challenges in the ever-evolving field of cyber security. With their flagship product, OneClickComply®, FAT32 has redefined the compliance process, streamlining it and potentially saving customers up to 70% in costs. The company's approach to compliance is not only innovative but also timely, given the increasing complexity of regulatory requirements and the rising threat of cyber attacks.
Founded by Connor Greig, Conor Sizeland, and David Warren, FAT32 is dedicated to transforming cyber security compliance from a burdensome task into a straightforward and efficient process.
By utilizing their advanced software, businesses can complete compliance tasks up to 20 times faster than traditional methods, which often involve engaging pricey external consultants. OneClickComply® meticulously evaluates an organization’s current practices against essential compliance standards like Cyber Essentials, ISO 27001, and GDPR. This robust tool identifies deficiencies and provides an automated implementation process, quickly rectifying any compliance issues, thus alleviating a major headache for many organizations.
As the cyber-security sector continues to grow, with the UK market projected to expand from £11 billion in 2023 to £20 billion by 2029, the founding team at FAT32 is not only focused on developing their software but also on fostering job creation within the Sunderland area. Kelvin Harrison, the Chairman, along with advisor Jamie Whitcombe-Jones, bolsters the team's wealth of experience in software engineering and cyber security. Their combined expertise ensures that FAT32 is well-equipped to tackle the mounting challenges of modern compliance. By leveraging the support from Northstar Ventures and the Venture Sunderland Fund, FAT32 aims to become a vital player in the cyber security landscape while helping to establish Sunderland as an innovation hub in the North East of England.
They've invested in FAT32 (OneClickComply)
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