OpenText returned to invest in a $31.4m round for Assent Compliance, after previously backing the supply chain management platform's May 2016 series A round.

Canada-based supply chain management platform Assent Compliance has raised C$40m ($31.4m) in a series B round featuring enterprise software producer OpenText’s Enterprise Application Fund (OTEAF).

The round was led by venture capital firm Greenspring Associates and included financial services firm Royal Bank of Canada, Business Development Bank of Canada (BDC), National Research Council of Canada’s Industrial Research Assistance Program, Volition Capital and unnamed private investors.

Founded in 2005, Assent Compliance has developed a platform that businesses use to manage and survey…