MetricStream, a Palo Alto, California-based provider of Governance, Risk, and Compliance (GRC) solutions, has completed a strategic financing of undisclosed amount.
The round was led by an affiliate of Goldman Sachs.
The company intends to use the capital to accelerate innovation and market expansion efforts.
Led by Shellye Archambeau, Chief Executive Officer, and Gunjan Sinha, Executive Chairman, MetricStream provides enterprise-wide software solutions that enable comprehensive and integrated corporate governance, risk management, and regulatory compliance.
The company’s products are used by corporations (such as UBS, P&G, Constellation Energy, Pfizer, Philips, BAE Systems, Twitter, SanDisk, Cummins and Sonic Automotive) in diverse industries such as Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-tech and Manufacturing to manage their risk management programs, quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as compliance professionals worldwide thorugh the www.ComplianceOnline.com portal.