OpenText participated in Assent Compliance's latest funding round, which will be used to hire an additional 100 staff members, through its Enterprise Application Fund.
Canada-based software-as-a-service company Assent Compliance received C$20m ($12m) in funding on Wednesday from investors including enterprise software provider OpenText.
OpenText invested through its Enterprise Application Fund, which is also backed by fund-of-funds Teralys Capital and state-owned business development agency Business Development Bank of Canada (BDC).
Venture capital firm Volition Capital led the round, which also featured BDC itself, government-owned research agency National Research Council of Canada’s Industrial Research Assistance Program, financial services firm Royal Bank of Canada and various…
