Infor Global Solutions

A global leader in business cloud software products

Founded 2001

Herndon, United States 304 employees Series E Total: $58.70M Enterprise Software

Approva is a global leader in business cloud software products, offering continuous controls monitoring software that is the industry standard for three of the five largest audit and advisory firms. Established in 2001 and headquartered in the United States, the company's solutions automate IT and financial controls for major applications like Oracle, PeopleSoft, and SAP, enabling companies to reduce risk, prevent fraud, lower compliance costs, and identify areas for operational improvement. Approva addresses the increased scrutiny faced by large companies and public sector organizations from regulators, auditors, shareholders, and trading partners regarding the security, integrity, and accuracy of financial statements and sensitive information. Their software solutions facilitate the identification, analysis, and continuous monitoring of controls governing IT systems, including access and transaction execution. The $14.00M Series E investment received on 26 August 2009 involved prominent investors such as New Enterprise Associates, Columbia Capital, Novak Biddle Venture Partners, Sierra Ventures, and Gold Hill Capital. Approva's offerings lead to efficiency improvements ranging from 20% to 95% for customers, with beneficiaries spanning finance, various business organizations, IT, and internal audit departments.

Funding Stage	Amount	Investors	Lead Investors	Date
Series E	$14.00M	5	New Enterprise Associates, Columbia Capital +3	26 Aug 2009
Venture Round	$2.30M	-		01 Sep 2008
Series D	$4.00M	1	Sierra Ventures	20 Mar 2007
Series C	$15.00M	4	New Enterprise Associates, Columbia Capital +2	01 Apr 2005
Venture Round	$5.00M	-		15 Jan 2005
Series B	$8.05M	-		22 Mar 2004
Series B	$3.75M	-		08 May 2003
Series A	$3.50M	-		09 Apr 2003
Series A	$3.10M	-		31 Jan 2002

Funding Stage

Amount

Investors

Lead Investors

Date

Series E

$14.00M

New Enterprise Associates, Columbia Capital +3

26 Aug 2009

Venture Round

$2.30M

01 Sep 2008

Series D

$4.00M

Sierra Ventures

20 Mar 2007

Series C

$15.00M

New Enterprise Associates, Columbia Capital +2

01 Apr 2005

Venture Round

$5.00M

15 Jan 2005

Series B

$8.05M

22 Mar 2004

Series B

$3.75M

08 May 2003

Series A

$3.50M

09 Apr 2003

Series A

$3.10M

31 Jan 2002

FAQ About Infor Global Solutions

A global leader in business cloud software products

Infor Global Solutions was founded in 2001.

Infor Global Solutions is headquartered in Herndon, United States.

Infor Global Solutions operates in Enterprise Software. Its work centres on business cloud software, continuous controls monitoring, IT controls automation and financial controls automation.

Infor Global Solutions has approximately 304 employees.

Infor Global Solutions has completed 9 funding rounds, raising a total of $58.70M. The latest funding stage is Series E.

Top alternatives and competitors to Infor Global Solutions include Oversight, Corporater, Auditocity, RiskRhino, Panaseer. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Infor Global Solutions and Oversight are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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