Resolver acquires Fund IV portfolio co. RiskVision
It’s not every day that a Canadian-backed firm acquires one of our California-based portfolio companies. As becomes more apparent as the years go by, Canada and the USA have become one market. The acquisition of Sunnyvale, California-based RiskVision by Toronto’s Resolver is today’s case in point.
RiskVision, which received a US$5M commitment from our Fund IV in May 2014, provides integrated solutions for Operational and Security Risk programs that help Global 2000 companies and government agencies achieve continuous monitoring of big data across financial, operations, and IT domains to orchestrate and manage incident, threat, and vulnerability actions in real time. At the time of our financing, some of the company’s marquee clients included Cisco, Experian, Fiserv, Kaiser Permanente, Phillips, Qualcomm, salesforce.com among others. RiskVision received venture capital investment from Castile Ventures, Intel Capital, Pacven Walden Ventures and Red Rock Ventures.
Resolver is backed by Toronto’s Klass Capital.
Congrats to all concerned.