Assent Compliance secures US $40M financing

Assent Compliance Inc., an Ottawa based provider of compliance management solutions, has raised US $40 million in Series B funding led by Greenspring Associates with participation of existing investors, Volition Capital, OpenText Enterprise Application Fund (OTEAF), BDC Capital, NRC-IRAP, Royal Bank of Canada (RBC) and private investors.

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In April 2016, Assent Compliance closed US $20 million financing led by Volition Capital.

photo credit: Assent Compliance

Ted Liu

Ted Liu, M.Sc. (Mining, Queen's), MBA (Finance, Toronto), is the Editor of Private Capital Journal,,, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's, Canada's most sophisticated and advanced all private capital and public market financing database.