A cloud-based platform that transforms audit, risk and compliance management has opened a European office in London.
AuditBoard says the new headquarters will provide regional support to a rapidly growing user base of nearly 10,000 users in 12 European countries and the UK.
The company says its start in Europe is due in part to its rapid success in attracting some of the biggest brands in the world. More than 30% of Fortune 500s use AuditBoard today, and the company has grown at a rate of over 60% annually.
Auditboard says escalating business risks in cybersecurity, supply chain and regulatory compliance continue to bring new customers to its platform as they seek to meet the challenge of navigating today’s dynamic risk environment and complexity of requirements. constantly evolving regulations.
“We are thrilled to extend our mission of elevating internal audit and risk professionals with innovative and transformative technology to the European market,” explained Scott Arnold, president and CEO of AuditBoard.
“The challenges facing internal audit, risk and compliance teams are increasingly global in nature, and AuditBoard’s specific platform enables them to address these challenges.”
The company recently crossed the $ 100 million mark in annual recurring revenue and earned a spot in the top 200 fastest growing technology companies in North America for three consecutive years, according to Deloitte.
It now boasts around 1,400 organizations as customers.
California AuditBoard opens European headquarters in London
Source link California AuditBoard opens European headquarters in London