Los Angeles based compliance and audit software company has raised $40m of Series B financing, led by Battery Ventures.
Founded in 2014 by former PwC and EY auditors Daniel Kim and Jay Lee, AuditBoard provides a cloud-based platform that allows enterprises to automate, collaborate and report in real-time on critical risk, audit and compliance workflows. The company offers a suite of audit management and compliance solutions for SOX, controls management, operational audits, ERM and workflow management. AuditBoard serves customers across industries, ranging from private, pre-IPO companies to Fortune 500 clients, including TripAdvisor, Lululemon, HD Supply, Express Scripts and Spirit Airlines.
http://www.finsmes.com/2018/08/auditboard-raises-40m-in-series-b-funding.html