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GAN Integrity Raises $15 Million to Accelerate Global Compliance SolutionNEW YORK and COPENHAGEN, Denmark, Jan. 9, 2019 /PRNewswire/ -- GAN Integrity, pioneers of connected compliance and the only completely integrated compliance solution for global businesses, announced today a $15 million Series B growth financing round led by Aquiline Technology Growth (ATG) and Edison Partners with participation from existing investors. ATG is the early/growth-stage fund managed by Aquiline Capital Partners, a New York and London-based private equity firm investing in businesses globally across the financial services sector. GAN Integrity provides organizations across industries with a connected compliance solution that eliminates the need for multiple, disparate solutions while also reducing complexity, lowering risk and increasing visibility. "GAN is transforming the compliance software market through their approach to connecting all aspects of a company's program into one unified, end-to-end solution," said Michael Cichowski, general partner, Aquiline Technology Growth. "Teams are not only leaning on GAN to help run their compliance programs more effectively, but the technology is enabling them to operate more strategically and make an even greater business impact." The funding underscores strong market momentum and company growth. In 2018 alone, GAN doubled its revenue and customer base. "It has been exciting to be a part of GAN's growth over the past two years," said Michael Kopelman, general partner, Edison Partners. "Watching this team elevate the compliance functions at organizations globally has been nothing short of impressive. We are delighted to partner with the GAN team and with Aquiline for this next stage in the company's growth journey." This funding also comes on the heels of the release of GAN Connect, the next generation of GAN's unified compliance platform designed to help global organizations manage their growing third-party relationships, new regulations and enterprise risk. Enhancements enable glbal organizations to flexibly tailor the platform for specific needs and business processes across risk, policy, due diligence, requests, investigations and training. "In today's increasingly global economy, companies must be wary of corruption and regulations in each country in which they seek to expand. One misstep and a company can find itself buried under fines and penalties, which can often result in damaging public scrutiny," said Thomas Sehested, founder and CEO, GAN Integrity. "With this funding, we'll continue to expand globally as we work to help our customers take compliance to the next level." About GAN Integrity About Aquiline Technology Growth About Edison Partners Edison's active portfolio has created aggregated market value exceeding $10 billion. Edison Partners is based in Princeton, NJ and manages more than $1.4 billion in assets throughout the eastern United States. PR contact:
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