MetricStream, a provider of corporate compliance tools, has raised $60 million


MetricStream, a provider of corporate governance and compliance tools headquartered in Palo Alto, has raised a $60 million Series D round led by Sageview Capital with participation from existing investors Goldman Sachs and Kaiser Permanente Ventures.

MetricStream helps companies ensure employee compliance with all regulations, providing software to handle audit, document, risk, and issue management issues.

Founded in 1999, MetricStream is now valued between $400 and $500 million and will use the cash to compete with other vendors in the governance, risk and compliance business

Jarrett Neil Ridlinghafer
Founder & CEO/CTO
Synapse Synergy Group, Inc.