Funding, Acquisition for Neohapsis

Cambridge, MA-based Neohapsis, a maker of software for governance, risk, and compliance, announced today that received a $4.5 million investment, led by New Venture Partners, a firm with offices in New Jersey, Silicon Valley, the U.K., and the Netherlands. The funding round included existing Neohapsis backers, Trident Capital and Paladin Capital Group. Neohapsis revealed that it had acquired the assets of Dallas, TX-based Texert, another company in the governance, risk, and compliance software space, which is also funded by New Venture Partners.

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.