Blog

OneTrust acquires Tugboat Logic

September 21, 2020

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The GRC market is changing from a once reactive, overly complex, and segmented approach to risk.  Our customers are asking us to build GRC solutions that put automation, user experience, and value outcomes first. We built OneTrust GRC to do just that – and are now leading the industry thanks to our solution that analyzes risk, scales compliance, and reinforces governance while adapting to needs over time.

As we’ve grown our GRC platform, our customers have also asked us to help guide them through obtaining security certifications so they can show their customers, partners, and people that their business can be trusted. Growing startups especially are looking for an easy-to-use platform that accelerates achieving ISO 27001, SOC 2, and other certifications at a price point they can afford. This way, they can differentiate, win more customers, and build trust.

When we looked at the market for which companies are winning in the security assurance and certification automation space, we saw one that clearly stood out beyond the rest.

Today, we’re excited to share we are bringing these capabilities into the OneTrust platform with our acquisition of Tugboat Logic.

 

On-demand webinar coming soon...

Want to learn more about the acquisition? Register for our webinar taking place Thursday, October 7 hosted by both OneTrust and Tugboat Logic CEOs.

Build Trust, Win Deals with Tugboat Logic

Companies – especially those who are just getting started or have smaller security teams – need ways to get the competitive edge from security, without the burden of legacy GRC solutions. The market needs a simple, user-friendly, and affordable solution to provide security assurance and certification automation.

That’s where Tugboat Logic comes in.

Their technology platform uses a unique combination of AI and automated frameworks to help even the smallest teams realize the business value of security certifications like ISO 27001SOC 2CMMC 2.0HIPAA, and PCI DSS. These certifications help companies compete with legacy players in their market, win customers, and build trust.

Tugboat Logic + OneTrust: A Platform You Can Grow Into

Tugboat Logic provides a platform for customers at the beginning of their security journey. And for many companies, Tugboat Logic will continue to provide all the features and functionalities they need to manage their programs. OneTrust will also invest in the Tugboat Logic platform to build out adjacent use cases for growing businesses, including privacy, third-party risk, data governance, ESG, and ethics and compliance.

For many other customers, security teams and programs will mature to a point where they’ll require more advanced features. That’s why an investment in Tugboat Logic is key. Tugboat Logic customers will be able to seamlessly evolve into the OneTrust GRC platform for enterprise-grade functionality. This includes IT Risk Management, Audit Management, Policy Management, and more with advanced business intelligence reporting, customizable risk scoring, and a host of other enterprise-grade features.

The partnership between Tugboat Logic and OneTrust means customers are investing in a platform they can grow into, not out of.

The Technology Platform for Trust

Bringing the Tugboat Logic crew into the OneTrust platform is one of the many exciting technology capabilities OneTrust brings our customers. By choosing OneTrust, our customers are investing in a platform that is built to last, and offers the foundational platform that establishes the trust fabric within an organization. With centralized workflows and single-source of data truth, customers can manage privacy, GRC, data governance, ethics and compliance, ESG, and third-party risk from OneTrust.

To learn more about the OneTrust platform and making trust a competitive advantage, register for our global user conference TrustWeek taking place October 12-15.

We’re excited to bring the entire Tugboat Logic community into the OneTrust family, and will be heavily investing in Tugboat Logic’s 800 customers, 140 employees, and technology platform.

Welcome to the OneTrust family, Tugboat Logic crew!

Editors note: this post has been reflected to reflect the acquisition closing in late September 2021. 


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