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Jan 22 2009

Compliance 360 acquires Tavilo

Shoaib Hashmi 

Compliance360-Tavilo

Alpharetta, Ga. based SaaS enterprise compliance solutions provider Compliance 360, has acquired Tavilo. The later is a technology provider which lets the third party data to be mined, examined and analyzed. The financial terms of the deal were not disclosed. Compliance 360 has earlier raised $4.25 million.

According to the president and CEO of Tavilo, Mike Gilbert:

My team is very pleased to join Compliance 360 and we look forward to contributing to the company’s accelerated success. We have developed and implemented advanced monitoring and alerting systems over the past four years and we are excited about the growing demand for these capabilities in the GRC marketplace and our very logical fit into Compliance 360.

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