AuditComply, a Belfast, UK-based enterprise risk management software company, received an investment of undisclosed amount.
Backers included First Derivatives, BGF and CoFundNI, managed by Clarendon Fund Managers.
The company will use the new funds (and First Derivatives’ Kx technology) to accelerate its growth.
Founded in 2014 by Kevin Donaghy, CEO, and Susan Fitzsimmons, Chief Operating Officer, AuditComply provides enterprise risk management software across the engineering, manufacturing, food and logistics industries. Its customers include Autoliv, UniTrunk and KDD.
The company will use First Derivatives’ Kx technology and expertise to develop new software modules that will provide real-time analytics for supply chain auditing.