Compassoft, provider of SOX regulatory software, raises $7M

Compassoft, a Scotts Valley, Calif. provider of SOX regulatory compliance and enterprise risk management software, has raised $7 million in a second round of funding, according to a regulatory filing cited by PE Week. Return backers included Advanced Technology Ventures and Leapfrog Ventures.

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Matt Marshall is editor and CEO of VentureBeat. Follow him on Twitter at @mmarshall, and follow VentureBeat on Twitter at @venturebeat.