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MetricStream

MetricStream

MetricStream is an American Governance, Risk, and Compliance (GRC) apps company with headquarters in Palo Alto, California. The company employs more than 1,000 people and has received awards and recognition that include being listed as a Red Herring Top 100 and being ranked 10th on Deloitte's Technology Fast 50. [5] [6] The company is best known for its enterprise governance, risk management, and compliance software.

MetricStream
IndustryGovernance, Risk Management, and Compliance
Founded1999
HeadquartersPalo Alto, California,United States
Key people
Gunjan Sinha, Executive Chairman[1]
Shellye Archambeau, CEO[2]
Gaurav Kapoor, COO[25]
Number of employees
1,500+[3]
Websitewww.metricstream.com

History

MetricStream has received funding from various sources, including its original co-founders [9] and current Executive Chairman Gunjan Sinha. One of its earliest funding rounds included $14.1 million from Kleiner Perkins Caufield & Byers in 2006, followed up by $2.5 million in 2009 from Gold Hill Capital and Montage Capital. It also held three rounds of funding in 2013, with its largest being a $48 million of a planned $70 million financing round. [11] [12]

MetricStream merged with Zaplet, Inc. in March 2004.

[13] As part of the merger, CEO and Chairman Gunjan Sinha became the company's Executive Chairman and Zaplet CEO Shellye Archambeau became CEO of MetricStream. [13] The company moved its headquarters from Santa Clara, California to Zaplet's offices in Palo Alto and the newly formed company kept the MetricStream name. [13] Upon completion of the merger, the company had 100 employees working at its offices in Redwood Shores, California, Halifax and Nova Scotia in Canada, and Bangalore, India. [13] [14]

Platform and services

MetricStream provides its software through a main enterprise platform, with applications that are customized for individual entities for compliance with quality standards, industry regulations, risk programs and corporate policies.

[15] It also has an online portal for GRC professionals to receive training and updates in the GRC field.

[16] MetricStream also provides cloud, implementation, post-sales support, and validation services to support its software.

[17]

Awards and recognition

The firm has received awards including the GRC 20/20 Research 2015 Innovation Awards, which recognized MetricStream for its Mobile Middleware Architecture for Enterprise GRC, as well Quality Management App.

[18] In 2015, MetricStream customer Bank of Tanzania and MetricStream were awarded “Best Governance, Risk, and Compliance Project in Africa” at the Asian Banker Middle East and Africa Technology Implementation Awards 2015 hosted by Asian Banker.

[19] In 2013, it was awarded Operational Risk & Regulation's Best GRC Platform [20] and a 2014 GRC Technology Innovation Award from GRC 20/20. [21] Additional awards and recognition have included Forrester Groundswell award in 2009, Deloitte’s Technology Fast 50 award in 2008, and Red Herring’s top 100 hottest private companies in 2006.

See also

  • Operational risk management

References

[1]
Citation Linken.wikipedia.orgThe original version of this page is from Wikipedia, you can edit the page right here on Everipedia.Text is available under the Creative Commons Attribution-ShareAlike License.Additional terms may apply.See everipedia.org/everipedia-terms for further details.Images/media credited individually (click the icon for details).
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[2]
Citation Linkindiannewsandtimes.com"MetricStream to host GRC Summit 2014 in Las Vegas"
Jul 3, 2016, 9:37 PM
[3]
Citation Linkbizjournals.com"Managing through that 'glass ceiling'"
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[4]
Citation Linkcrunchbase.com"MetricStream profile"
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[5]
Citation Linkbooks.google.com"Users to focus on 11i tools"
Jul 3, 2016, 9:37 PM
[6]
Citation Linkfast50.deloitte.com.tr"Technology Fast 500 Asia Pacific Rankings and CEO Survey"
Jul 3, 2016, 9:37 PM
[7]
Citation Linkmetricstream.com"MetricStream named among Red Herring 100 hottest private companies"
Jul 3, 2016, 9:37 PM
[8]
Citation Linkblogs.wsj.com"Survey Roundup: Executives on Analytics, Internal Audit"
Jul 3, 2016, 9:37 PM
[9]
Citation Linkwashingtonpost.com"MetricStream CEO Shellye Archambeau on America's innovation economy and the art of success"
Jul 3, 2016, 9:37 PM
[10]
Citation Linkmetricstream.com"MetricStream bags $4M as founders continue dizzying pace"
Jul 3, 2016, 9:37 PM
[11]
Citation Linkventurebeat.com"MetricStream lands $2.5M for compliance software"
Jul 3, 2016, 9:37 PM
[12]
Citation Linkbizjournals.com"B2B software maker Metricstream raises $48M"
Jul 3, 2016, 9:37 PM
[13]
Citation Linkfinsmes.com"MetricStream Completes Strategic Financing"
Jul 3, 2016, 9:37 PM
[14]
Citation Linkbizjournals.com"MetricStream merges with Zaplet"
Jul 3, 2016, 9:37 PM
[15]
Citation Linkthehindubusinessline.in"MetricStream to take over Zaplet; double India staff"
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[16]
Citation Linkmercurynews.com"Mercury News interview: Shellye Archambeau, CEO of MetricStream"
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[17]
Citation Linkstreetinsider.com"ComplianceOnline Announces Seminars on Auditing and Administrating Human Resource Policies and Practices"
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[18]
Citation Linksecurityweek.com"MetricStream Adds Big Data Analytics Support For Enhanced Risk Intelligence"
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[19]
Citation Linkgrc2020.com[1]
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[20]
Citation Linkmetricstream.com[2]
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