ORIX Growth Capital announced today that it has completed a growth capital investment in MetricStream, the industry leading provider of enterprisewide Governance, Risk, and Compliance (“GRC”) software. The capital will be used to support the continued growth and expansion of MetricStream’s worldwide footprint, partner channel network and industry leading product suite.
“MetricStream is a true pioneer in the GRC space,” said Joel Gragg, Director for ORIX Growth Capital. “We were especially impressed with its domain expertise, differentiated product suite and overall thought leadership within the industry. The GRC market is poised to continue its upward growth trajectory, and we believe MetricStream is well positioned to maintain its leadership role in helping lead this growth.”
MetricStream, based in Palo Alto, California, consolidates disparate risk management, compliance and corporate governance processes from across an organization into a simple, easy to use platform. Hundreds of leading global enterprises and Fortune 500 customers rely on MetricStream to help automate their workflows and manage their complex governance, risk and compliance requirements under a common framework.