Knox lands $6.5M to compete with Palantir in the federal compliance market | TechCrunch
Briefly

Achieving FedRAMP compliance is a lengthy and expensive process requiring up to three years and beyond $3 million. Irina Denisenko founded Knox to expedite this process for software vendors, allowing them to complete FedRAMP in just three months at a lower cost. Denisenko's experience with Class, which took a contract with the U.S. Air Force but struggled with FedRAMP, motivated her to create Knox after witnessing the benefits of acquiring an already certified company. Knox seeks to help more companies obtain FedRAMP certification to facilitate access to government contracts.
Achieving government SaaS security compliance, known as FedRAMP, can take years and require substantial resources, with certification typically costing over $3 million and taking up to three years.
Denisenko launched Knox, a federal managed cloud provider, to help software vendors speed through the FedRAMP security authorization process in just three months at a lower cost.
Class secured a contract to sell software to the U.S. Air Force but faced significant delays in obtaining FedRAMP clearance on its own, needing a FedRAMP-certified company instead.
Knox aims to help SaaS vendors gain FedRAMP certification to access government contracts more easily as the government increasingly adopts more software.
Read at TechCrunch
[
|
]