Approva
Company

Last deal

$14M

Amount

Series E

Stage

26.08.2009

Date

3

all rounds

$58.7M

Total amount

date founded

Financing round

General

About Company
Approva is a provider of continuous monitoring software that helps companies meet their governance, risk and compliance requirements.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2001

Number of employees

Company Type

For Profit

Last funding type

Series E

IPO status

Private

Description

The company's controls intelligence software automates IT and financial controls for major enterprise applications, including Oracle, PeopleSoft and SAP. Approva's software is used by many audit firms and large companies such as Bayer, DirecTV, Honeywell, Kraft, Northrop Grumman, Siemens, and T-Mobile. By using their software, companies can reduce risk, prevent fraud, lower compliance costs, and identify areas of operational improvement.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Acquired by

Lawson Software

announced date

01.09.2011

Financials

Funding Rounds
9
3

Number of Funding Rounds

$58.7M

Money Raised

Their latest funding was raised on 26.08.2009. Their latest investor New Enterprise Associates. Their latest round Series E

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Co-Investors
Investors
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5

Number of lead investors

6

Number of investors

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People

Founders
1
Prashanth PV Boccasam
Prashanth PV Boccasam

Prashanth PV Boccasam

​​

current job

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Cota Capital

count Of Investments

2

Prashanth PV Boccasam

Activity

Recent News
0