LockPath, a Kansas City-based provider of innovative governance, risk and compliance (GRC) applications, has closed a $6m series B financing.
The round was led by El Dorado Ventures, with participation from Vesbridge Partners and the Webb Investment Network (WIN).
The company intends to use the funding to develop its GRC platform to increase the level of scalability and usability, as well as to further grow its channel program through global team expansion and improved partner development and certification programs.
Led by Chris Caldwell, CEO, LockPath provides with companies of all sizes with a solution (Keylight) to address the complex issues of regulatory compliance and risk management. Its software empowers people in an organization to take control and make better business decisions by correlating security information from multiple data sources with current regulations and policies to gauge risk.
FinSMEs
16/07/2012