AAA MetricStream flows to $60m

MetricStream flows to $60m

MetricStream, a US-based provider of governance, risk, compliance and quality management services for businesses, has raised $60m in a financing round featuring Kaiser Permanente Ventures, healthcare consortium Kaiser Permanente’s corporate venturing unit.

The series D round was led by investment firm Sageview Capital and also included investment bank Goldman Sachs.

Founded in 1999, MetricStream provides enterprise and cloud software to help businesses meet their governance, risk, compliance requirements.

The company has now raised about $130m since then, according to SEC filings, with additional backers including Kleiner Perkins Caufield & Byers and Blade Ventures.

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