[ Assent Compliance raises $40M in Series B funding ]

Assent Compliance has raised $40 million in Series B funding.

Founded in 2005, Assent Compliance provides compliance solutions that helps organizations with global environmental and human rights compliance strategies.

The company intends to use the funds to invest in its platform, to increase the number of employees across all divisions, particularly in R&D and Product Management.

Funding  Series B
Founded  2005
Country  Canada
City  Ottawa, Ontario
Founder / CEO  Andrew Waitman
Deal Size  $40M
Investors  Royal Bank of Canada
 Business Development Bank of Canada
 Greenspring Associates
 Volition Capital
 The OpenText Enterprise Apps Fund
 National Research Council of Canada  Industrial Research Assistance Program
Previous Investors  same as above