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TLDR:
– Dutch GRC software firm CERRIX secures funding from Fortino Capital for European expansion.
– Fortino Capital invests in CERRIX for growth and international reach.
Netherlands-based CERRIX, a company specializing in Governance, Risk, and Compliance (GRC) software, has received funding from Fortino Capital, a European investor focused on B2B software and ICT. The exact amount of funding remains undisclosed, but Fortino Capital aims to assist CERRIX in its growth and global presence. The investment is part of Fortino’s Growth Private Equity Fund II.
Founded in 2014 by Paul Bruggeman, CERRIX provides software solutions for Governance, Risk, and Compliance, with integrated tools for business process management, risk and compliance management, and audit. The company’s software is used by various organizations in sectors such as banking, insurance, and accounting, with plans to expand into other industries.
Fortino Capital, known for supporting ambitious entrepreneurs in Europe, sees great potential in the GRC software market and believes that CERRIX’s technology can create significant value for users. The investment from Fortino will help CERRIX strengthen its position and meet the increasing demand for compliance solutions.
In conclusion, the partnership between CERRIX and Fortino Capital marks a significant step for both companies in their journey towards growth and innovation in the GRC software market.
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