Business continuity risk management SaaS software provider Fusion Risk Management has announced an investment of $41 million in funding led by Catalyst Investors, a New York-based growth equity firm. Fusion will use the latest investment round to support product development, customer service, sales and marketing initiatives.
Founded in 2006, Fusion (www.fusionrm.com) provides business continuity and risk management solutions to large financial services firms, health care and insurance companies, retailers, manufacturers, and other industries.
“Our company is experiencing tremendous growth in revenues, customers, employees and facilities. This investment provides us with the resources to continue to capitalize on the growing market awareness of the value and need for state-of-the-art operational risk and business resilience management software,” said David Nolan, CEO and Founder.