Investment banking firm Goldman Sachs’ Asset Management subsidiary has led a $60m series C round for US-based employee monitoring software provider Aware through its Growth Equity arm.
Non-profit organisation JobsOhio also took part in the round, which was filled out by Ohio Innovation Fund, Allos Ventures, Rev1 Ventures, Spring Mountain Capital, Blue Heron Capital, Draper Triangle Ventures and JumpStart.
Founded in 2017 as Wiretap, Aware has developed an artificial intelligence-based platform that allows companies to monitor their internal communications for legal compliance, toxic behaviour, confidential information sharing and more. The capital will be used to scale its platform.
Spring Mountain Capital led Aware’s $12m series B round in December 2020, investing alongside Blue Heron Capital, Allos Ventures, Draper Triangle Ventures, Ohio Innovation Fund, JobsOhio, Rev1 Ventures and JumpStart.
Draper Triangle Ventures and Ohio Innovation Fund had led a $3m series A round for the company in February 2017 which was supplemented three months later with an additional $1.85m from Rev1 Ventures and JumpStart.
