The Kaiser Permanente-backed compliance services provider will focus on global expansion following a round that took its total funding to $195m.
MetricStream, a US-based governance, risk, compliance and quality management services provider backed by healthcare consortium Kaiser Permanente, closed a $65m round on Monday featuring investment banking firm Goldman Sachs.
Clearlake Capital led the round, which included fellow investment firm Sageview Capital and EDBI, the investment arm of government agency the Singapore Economic Development Board.
Founded in 1999, MetricStream has developed a cloud-based platform that helps businesses streamline the process of meeting their governance, risk and compliance requirements.
The company’s software…
