Monday, November 6, 2017

MetricStream Raises $65M

Palo Alto-based MetricStream, a developer of risk management application software, has raised $65M in a funding round. The funding came from private equity investor Clearlake Capital, plus EBDI, Goldman Sachs, Sageview Capital, and others. Clearlake's Prashant Mehrotra has join MetricStream's board as part of the funding round. MetricStream is a developer of enterprise risk management, corporate governance, regulatory compliance, vendor governance, and quality management software.