Klass Capital's Resolver raises $20 mln more for acquisitions
Resolver Inc, a Toronto provider of risk and incident management software, has raised an additional $20 million, bringing its total funding to $40 million. Canadian private equity firm Klass Capital, which acquired the business in 2015, invested in the latest round. Resolver said the funds raised will be used for acquisitions to expand product capability in the information security market. Daniel Klass, Resolver’s chairman and founder of Klass Capital, said the company has shown consistent recurring revenue growth of 30 percent over the past two years. In 2016, Resolver bought the risk management product suite of New Zealand's Wynyard Group Ltd.
27 June 2017•3 mins read
