Seattle-based Shujinko, a provider of cloud compliance software, announced it has raised a $7.5 million in Series A funding. Unusual Ventures led the round with participation from returning investor Defy as well as angel investors. Shujinko, originally incubated and spun out from Pioneer Square Labs, has raised $10.3 million in funding to date. Shujinko co-founders Scott Schwan, CEO, and Matt Wells, CTO, previously worked at Starbucks and at mobile payments provider Cardfree.
Source: Press release