Korean e-commerce unicorn Coupang hires Walmart’s former global chief compliance officer

Coupang, the unicorn that is defining e-commerce in Korea, announced today that it has hired Jay Jorgensen, Walmart’s former global chief ethics and compliance officer, to serve as its general counsel and chief compliance officer. Jorgensen will relocate to Seoul for the position. Founded in 2010, with a total of $3.4 billion raised from investors […]

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Linux Foundation’s OpenChain project welcomes Google, Facebook and Uber

The Linux Foundation’s OpenChain project helps company find ways to comply with open source licensing requirements. Today at the Open Compliance Summit in Yokohama, Japan it announced Google, Facebook and Uber have joined the project as platinum members. As platinum members the three companies become part of the governing board. Shane Coughlan, OpenChain General Manager […]

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Microsoft shows off government cloud services with JEDI due date imminent

Just a day after Google decided to drop out of the Pentagon’s massive $10 billion, 10-year JEDI cloud contract bidding, Microsoft announced increased support services for government clients. In a long blog post, the company laid out its government focused cloud services. While today’s announcement is not directly related to JEDI per se, the timing […]

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Egnyte releases one-step GDPR compliance solution

Egnyte has always had the goal of protecting data and files wherever they live, whether on-premises or in the cloud. Today, the company announced a new feature to help customers comply with GDPR privacy regulations that went into effect in Europe last week in a straight-forward fashion. You can start by simply telling Egnyte that […]

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Box expands Zones to manage content in multiple regions

When Box announced Zones a couple of years ago, it was providing a way for customers to store data outside the U.S., but there were some limits. Each customer could choose the U.S. and one additional zone. Customers wanted more flexibility, and today the company announced it was allowing them to choose to multiple zones. […]

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BigID pulls in $14 million Series A to help identify private customer data across big data stores

 As data privacy becomes an increasingly important notion, especially with the EU’s GDPR privacy laws coming online in May, companies need to find ways to understand their customer’s private data. BigID thinks it has a solution and it landed a $14 million Series A investment today to help grow the idea.
Comcast Ventures, SAP (via SAP.io), ClearSky Security Fund and one of the… Read More

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Clairvoyant launches Kogni to help companies track their most sensitive data

 As we inch ever closer to GDPR in May, companies doing business in Europe need to start getting a grip on the sensitive private data they have. The trouble is that as companies move their data into data lakes, massive big data stores, it becomes more difficult to find data in a particular category. Clairvoyant, an Arizona company is releasing a tool called Kogni that could help.
Chandra… Read More

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Convercent raises $25M to keep companies out of ethical quandaries

 Convercent, a company that provides ethics and compliance software to businesses, today announced that it has raised a $25 million funding round led by Rho Ventures. Additional investors include Sapphire Ventures and Tola Capital. The idea behind Convercent is to give businesses the tools to, in MBA-speak, “operationalize ethics.” In practice, this means that the companies mines… Read More

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Two compliance companies merge to build a $100M firm

 Once upon a time there were two compliance companies. Smarsh was owned by Los Angeles-based private equity firm, K1 Investment Management. It worked with mostly SMBs. Another called Actiance worked with larger companies like the world’s biggest banks. This is the story of how K1 is bringing these two companies together.
Both companies are focused on archiving and compliance around… Read More

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