Relyance Secures $32M to Enhance AI Data Compliance Solutions

Relyance Secures $32M to Enhance AI Data Compliance Solutions
Relyance AI has raised $32 million in a Series B funding round, bringing its total funding to $59 million. Founded by Abhi Sharma and Leila Golchehreh, the startup aims to assist companies in navigating complex data regulations as AI adoption rises. The platform analyzes data sources to ensure compliance with governance policies and privacy laws. With a growing client base, including Coinbase and Snowflake, Relyance plans to expand its team to 90 employees by year-end. The funding will focus on enhancing engineering capabilities and market outreach to meet increasing demand for data security solutions in AI.