Fenwick & West represented MetricStream Inc., a market leader in enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management Solutions, in a $60M round of strategic financing. The round was led by Sageview Capital. Existing investors Goldman Sachs and Kaiser Permanente Ventures also participated. With the new investment, Ned Gilhuly, Co-Founder & Managing Partner of Sageview Capital, joined MetricStream’s Board of Directors.
The new funding enables the company to accelerate innovation and market leadership. More information about MetricStream’s $60M Strategic Financing can be obtained from the company press release.