Enterprise IT Startup Fusion Risk Management Raises $41 Million

Fusion Risk Management announced it has closed $41 million in Series C financing. Catalyst Investors and Level Equity participated in the round.

Founded in 2006 by an experienced team of industry leaders, Fusion is a leading provider of cloud-based continuity risk management software, contingency planning solutions, and consulting services. Fusion Risk Management has developed the Fusion Framework™, an innovative cloud-based platform that seeks to shatter traditional paradigms for risk management and contingency planning. The Fusion Framework is an integrated management platform that provides enterprises with continuous insight into risk management profiles and access to plans and templates to reduce the time and cost of developing, maintaining and evolving plans and programs.

In its announcement, the company said it will use the latest investment round to support product development, customer service, and sales and marketing initiatives.