Paisley Consulting Secures $10 Million and Establishes Dominance in the Risk Management and Compliance Software Market
Summary
This marks the first institutional round of funding for Paisley, a company widely respected for its audit management software since its inception in 1995. The positive market response to its risk and compliance products has earned Paisley a place on Inc. Magazines list of 500 fastest-growing private U.S. companies for the past two years in a row. "This funding will be instrumental in supporting our aggressive expansion plans as we help a growing number of companies address their short and long-term compliance and risk management challenges." "Paisley differentiates itself from its competitors by offering a solution that maintains a holistic view of corporate risks and assurance issues for companies" said Jeff Lieberman, Principal, Insight Venture Partners. Paisley Consulting is a business accountability software provider focused on integrated solutions for corporate assurance, internal auditing, risk management and compliance.