Resolver Inc., a Toronto, Canada-based software company offering products in the risk, security and compliance markets, raised an additional $20M in funding.
Principal investors including Klass Capital made the investment.
The company intends to use the funds for acquisitions to expand product capability in the information security market.
Led by CEO Will Anderson, Resolver provides an Integrated Risk Management platform that supports the response and recovery process when an unplanned event does occur; including Incident Reporting, Incident Response and Investigations. The company also supports organization in planning and preparing to limit the likeliness or impact of events from occurring; this includes Risk Assessment, Enterprise Risk Management, Internal Control, Internal Audit and Compliance.
The acquisition of certain Wynyard assets in the ERM market provided Resolver with increased capability in servicing and supporting a global customer base. The company now serves over 1,000 customers across 100 countries with offices in North America, United Kingdom, Asia-Pacific and the Middle East.