Paisley Consulting Secures $10 Million and Establishes Dominance in the Risk Management and Compliance Software Market

Funding Rounds

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.

$ Funding

$
Amount $10.0M Total raised
Date May 26, 2004 Announcement date
Investors Microsoft Accelerator - Tel Aviv, Insight Partners, Mozilla Foundation Lead investors
Company http://www.paisley.com Funded company

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Media and Publishing
applications
Anti Piracy

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Mozilla
$250M to $500M