Shellye Archambeau, chief executive at MetricStream, said: "This strategic investment led by Goldman Sachs will further enable us to accelerate our innovation and market leadership."

MetricStream, a US-based governance, risk and compliance (GRC) service provider for data, has raised an undisclosed amount from local investment bank Goldman Sachs.

Shellye Archambeau, chief executive at MetricStream, said: “This strategic investment led by Goldman Sachs will further enable us to accelerate our innovation and market leadership.”

David Campbell, vice-president in the merchant banking division of Goldman Sachs, said: “GRC is a core part of every business today and we are pleased to have MetricStream in our portfolio.”

MetricStream’s…