Vantos raises $10.6M for enterprise investigation
Vantos, a Seattle-based software startup with a product that can help companies with internal investigations and auditing, has raised $10.6 in a second round of funding.
Regulatory changes like the passage of Sarbanes-Oxley have opened the way for companies like Vantos. New laws demanding tight controls and tracking of issues can cost public companies millions. While there’s no way to avoid some cost, specialized software can help accountants, lawyers and managers learn how to navigate the regulations, and streamline that process.
The $10.6 million funding was led by Fluke Venture Partners, with participation from OVP Venture Partners and Outlook Ventures.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.