Regulatory compliance software maker Compliance11, Inc. said Monday that it has secured a Series B round of funding for $6 million that would help the company to further accelerate its rapid growth.
The funding round was led by Talon Capital Partners, LP in Chicago, Illinois and KVG Partners.
"It is the perfect storm: rampant fraud in the industry, aggressive regulators, new technology dramatically reducing costs and several new competitors," describes Tad Mitchell, President and COO of Compliance11. "Everyone is going to automate in the next two years. We are already the fastest growing company in this space. This funding helps us to move even more quickly."
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.