Texert brings in $3M for risk management
Risk management software provider Texert raised $3 million in a first round of funding from New Venture Partners to update its J-Port product and expand sales and marketing efforts.
The Dallas-based company says the new version of the software will take a more comperehensive approach to risk management, looking at all aspects of a business environment, like IT support, employee compliance, etc. instead of individual pieces. The information it provides should also be more detailed, to allow executives to make more transparent and efficient decisions. The firm hopes it will give them an edge over competitors SAP AG, Oracle and SAS Institute, VentureWire reports.
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