Lumigent builds auditing and compliance software designed to reduce the cost of auditing and compliance reporting. Its AppGRC product continuously monitors application-specific data and controls to automate governance, risk and compliance processes. The company has announced a $3 million funding round from North Bridge Venture Partners. Lumigent says it will use the proceeds for customer and product expansion. The capital is intended to support growth and further development of its automated GRC offering.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2010