With $16M in fresh funds, Whistleblower Software rebrands and expands into compliance
Danish startup Whistleblower Software is rebranding as Formalize as it expands into the broader compliance software sphere — and it has raised a fresh €15 million ($16 million) to fund the expansion.
The announcement comes as the compliance software market has exploded, due in large part to growing regulatory pressure — and investors have taken note. Private equity giant Thoma Bravo took German compliance and investor relations software company EQS Group private in a $435 million deal last…