Convercent, a Denver, CO-based provider of integrated culture and compliance solutions, secured $10m in Series B funding.
The round was led by SAP Ventures with participation from existing investors Azure Capital, Rho Capital Partners and Mantucket Capital. In conjunction with the funding, Doug Higgins, managing director at SAP Ventures, will join Convercent’s board.
City National Bank has increased its debt facility.
Led by Convercent CEO Patrick Quinlan, Convercent provides an integrated suite for managing company policies, tracking employee education and streamlining case management while aligning with company values.
It is available in more than 50 languages and accessible on any mobile device.