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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.