Dot Compliance, based in Phoenix, has received $17.5 million in Series B extension funding, totaling $50 million. The funding round was led by IGP Capital and Vertex Ventures, with additional investment from TPY Capital. Dot Compliance offers AI-powered quality management solutions for compliance needs, including document, change, and supplier quality management. The company will use the funds to enhance its AI solutions, drive customer acquisition, and foster innovation. Competitors in the eQMS space include Intellect and Qualio. Dot Compliance, founded in 2015, launched its generative AI eQMS solution, Dottie AI, in 2023. It continues to be a leader in innovation in the compliance industry.
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