Tech Company Financing Transactions
ACL Funding Round
On 12/20/2017, ACL raised $50 million in funding from Norwest Venture Partners.
Transaction Overview
Company Name
Announced On
12/20/2017
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
Norwest Venture Partners (Lead Investor) (Robert Arditi)
Proceeds Purpose
The new investment will be used to accelerate the company's consolidation of the $36 billion integrated risk and performance software market.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
980 Howe St. 1500
Vancouver BC, V6Z 0C8
Canada
Vancouver BC, V6Z 0C8
Canada
Phone
Website
Email Address
Overview
ACL is a software company with a vision for the future of the Governance, Risk Management and Compliance (GRC) professions: a community of compliance pros, auditors, risk management experts, IT and finance teams who are sought after for the value they deliver to their organizations.
Management Team
Title
Name
Email & Social
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We do our best to document every notable VC transaction. VC investment data records on this site come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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