USA – Dot Compliance, a Phoenix, AZ- and Rehovot, Israel-based quality and compliance platform company, raised $23m in Series B funding.
The round, which brings total funding to $33m to date, was led by Israel Growth Partners (IGP) with participation from existing investors Vertex Ventures, and TPY Capital. The company intends to use the funds to drive business expansion efforts and the development of its quality and compliance solutions for pharmaceutical and medical device companies.Founded in 2015 by Doron Sitbon, founder and CEO, Dot Compliance offers a Quality Management System powered by the Salesforce.com platform. The Dot Compliance Suite includes an extensive set of off-the-shelf ready QMS and compliance pre-configured best practice processes, enabling customers to deploy quickly and cost effectively. The company’s solutions are used by life sciences companies, both large and small, worldwide with more than 200,000 users. The solutions are fully compliant with 21 CFR part 11, EU-Annex 11 and support ISO 9001, 13485, 14791 and 27001.20/07/2022
