Norwest Venture Partners
Norwest Venture Partners is a global technology venture capital firm founded in 1961 and based in California. It invests across venture and growth stages in the United States, India, Israel, and other markets, targeting software, cloud and IT infrastructure, information services, enterprise software and services, financial services, consumer products and healthcare. The firm backs entrepreneurs with capital plus an extensive network and operating experience to help scale their businesses. Since its inception it has backed hundreds of companies and manages a multi-billion-dollar portfolio, deploying capital in seed to growth rounds and across sectors that drive technology-enabled growth. Norwest emphasizes building lasting relationships with founders and mentoring teams through strategic guidance and market access to accelerate expansion and scale globally.
Past deals in Compliance
TrustLogix
Seed Round in 2025
TrustLogix streamlines digital transformation by simplifying enterprise data security and privacy. Its unified platform centralizes observability and facilitates fine-grained access control enforcement across diverse clouds and data platforms.
Zelis
Private Equity Round in 2024
Zelis is a healthcare and financial technology company that specializes in claims cost management and payments optimization solutions. Founded in 2016 and based in Bedminster, New Jersey, Zelis provides integrated services such as network analytics, payment integrity, electronic payments, and claims communications. These offerings aim to streamline the pricing, payment, and explanation of healthcare claims for payers, healthcare providers, and consumers across medical, dental, and workers' compensation markets. By leveraging advanced technology, Zelis assists its clients in navigating the complexities of the healthcare financial landscape while ensuring compliance with evolving regulations. The company is supported by investment firms Parthenon Capital Partners and Bain Capital.
Oro Labs
Series B in 2023
Oro Labs streamlines traditional procurement operations via its automation platform. It harmonizes chaotic enterprise spending on critical purchases and supplier engagements.
GeoComply Solutions
Private Equity Round in 2023
GeoComply Solutions specializes in geolocation compliance technology, offering advanced solutions to enhance security and mitigate fraud in the digital space. The company focuses on providing clarity to businesses by monitoring suspicious activities across various industries, including daily fantasy sports, poker, casinos, sports betting, and lotteries. Their suite of products includes GeoComply Core, PinPoint, IDComply, and GeoGuard, among others, which are designed to facilitate fraud detection and ensure compliance with regulatory requirements. By prioritizing the safety of online transactions and user interactions, GeoComply Solutions aims to foster a more secure digital ecosystem for all stakeholders involved.
Oro Labs
Series A in 2022
Oro Labs streamlines traditional procurement operations via its automation platform. It harmonizes chaotic enterprise spending on critical purchases and supplier engagements.
Provus
Series A in 2022
Provus offers an AI-powered platform built on Salesforce that optimizes the quoting process for enterprise services. It enhances sales efficiency, improves margins, and mitigates compliance risks.
Ermetic - a Tenable company
Series B in 2021
Ermetic Ltd. is a company focused on cloud infrastructure security, offering a comprehensive platform designed to protect enterprises from access-related risks and misconfigurations. Founded in 2019 and headquartered in Tel Aviv-Yafo, Israel, Ermetic provides solutions that enhance visibility into identities, their entitlements, and data usage. The platform combines advanced analytics with detailed insights, enabling organizations to enforce least privilege access across complex cloud environments. This functionality supports the detection of identity and access-based threats, policy enforcement, anomaly detection, and compliance monitoring. Led by experienced technology entrepreneurs, Ermetic has garnered funding from notable investors, including Glilot Capital Partners and Norwest Venture Partners.
Prodly
Series A in 2021
Prodly is a software company that provides tools to transfer and manage relational data for Salesforce admins and developers. Its Moover solution enables one-click migration of relational data between Salesforce organizations and supports deployment for Salesforce CPQ, Billing, Field Service Lightning, and B2B Commerce. The company also offers AppOps, a change management platform that automates the full lifecycle of low-code development, empowering non-developers to configure applications, accelerating delivery, and strengthening IT governance. AppOps automates configuration, testing, and deployment to ensure data accuracy and reliable updates to mission-critical Salesforce apps. Headquartered in Palo Alto, California, Prodly was founded in 2014 and serves a global customer base.
Propel Software Solutions
Series C in 2021
PropelPLM is a provider of cloud-based Product Lifecycle Management (PLM) software designed to assist companies in their digital transformation efforts. The platform connects various stakeholders, systems, and processes involved in bringing products from concept to market. It serves as a centralized source of product information for the entire value chain, including sales and service teams, facilitating secure and transparent collaboration. This approach enables faster market delivery while enhancing customer satisfaction and meeting global compliance requirements. PropelPLM operates on the Salesforce platform, leveraging its modern cloud infrastructure to ensure a scalable and future-ready solution for businesses seeking to streamline their product development processes.
AbsenceSoft
Private Equity Round in 2021
AbsenceSoft is a provider of software-as-a-service solutions focused on leave and accommodation management. The company develops a platform that consolidates leave information and streamlines communication for requesting and processing leaves. Its software ensures compliance with federal, state, and municipal laws and regulations, offering features such as leave eligibility calculations and detailed historical tracking. By utilizing AbsenceSoft's solutions, human resources teams can save time, reduce risks, and maintain compliance throughout the leave management process in a more efficient and cost-effective manner.
TrustLogix
Seed Round in 2021
TrustLogix streamlines digital transformation by simplifying enterprise data security and privacy. Its unified platform centralizes observability and facilitates fine-grained access control enforcement across diverse clouds and data platforms.
Ermetic - a Tenable company
Series A in 2020
Ermetic Ltd. is a company focused on cloud infrastructure security, offering a comprehensive platform designed to protect enterprises from access-related risks and misconfigurations. Founded in 2019 and headquartered in Tel Aviv-Yafo, Israel, Ermetic provides solutions that enhance visibility into identities, their entitlements, and data usage. The platform combines advanced analytics with detailed insights, enabling organizations to enforce least privilege access across complex cloud environments. This functionality supports the detection of identity and access-based threats, policy enforcement, anomaly detection, and compliance monitoring. Led by experienced technology entrepreneurs, Ermetic has garnered funding from notable investors, including Glilot Capital Partners and Norwest Venture Partners.
Prodly
Seed Round in 2020
Prodly is a software company that provides tools to transfer and manage relational data for Salesforce admins and developers. Its Moover solution enables one-click migration of relational data between Salesforce organizations and supports deployment for Salesforce CPQ, Billing, Field Service Lightning, and B2B Commerce. The company also offers AppOps, a change management platform that automates the full lifecycle of low-code development, empowering non-developers to configure applications, accelerating delivery, and strengthening IT governance. AppOps automates configuration, testing, and deployment to ensure data accuracy and reliable updates to mission-critical Salesforce apps. Headquartered in Palo Alto, California, Prodly was founded in 2014 and serves a global customer base.
Ermetic - a Tenable company
Seed Round in 2020
Ermetic Ltd. is a company focused on cloud infrastructure security, offering a comprehensive platform designed to protect enterprises from access-related risks and misconfigurations. Founded in 2019 and headquartered in Tel Aviv-Yafo, Israel, Ermetic provides solutions that enhance visibility into identities, their entitlements, and data usage. The platform combines advanced analytics with detailed insights, enabling organizations to enforce least privilege access across complex cloud environments. This functionality supports the detection of identity and access-based threats, policy enforcement, anomaly detection, and compliance monitoring. Led by experienced technology entrepreneurs, Ermetic has garnered funding from notable investors, including Glilot Capital Partners and Norwest Venture Partners.
Prodly
Seed Round in 2019
Prodly is a software company that provides tools to transfer and manage relational data for Salesforce admins and developers. Its Moover solution enables one-click migration of relational data between Salesforce organizations and supports deployment for Salesforce CPQ, Billing, Field Service Lightning, and B2B Commerce. The company also offers AppOps, a change management platform that automates the full lifecycle of low-code development, empowering non-developers to configure applications, accelerating delivery, and strengthening IT governance. AppOps automates configuration, testing, and deployment to ensure data accuracy and reliable updates to mission-critical Salesforce apps. Headquartered in Palo Alto, California, Prodly was founded in 2014 and serves a global customer base.
Cocoon
Seed Round in 2019
Cocoon is a leave management software company based in the Mission District of San Francisco. Established in 2020 by former employees of Stripe and Square, Cocoon aims to simplify the complexities associated with employee leave. The company partners with organizations such as Carta, Khan Academy, and Benchling to assist their employees during significant life events, including childbirth, caregiving, and personal health matters. By automating the processes related to compliance, claims, and payroll, Cocoon alleviates the confusion and stress often associated with managing leave, allowing human resources teams to focus on employee well-being. The company operates from a small studio space that reflects its commitment to designing exceptional digital experiences for small groups.
Bitglass
Series D in 2019
Bitglass, Inc. is an information technology company that specializes in providing security solutions for sensitive data across cloud and mobile platforms while maintaining employee privacy. Founded in 2013 and headquartered in Campbell, California, Bitglass offers a comprehensive cloud security platform that integrates a cloud access security broker, a secure web gateway, and zero-trust network access. This platform enables enterprises to move to SaaS-based and mobile environments securely, delivering real-time end-to-end data protection. Bitglass's solutions allow organizations to track confidential files, monitor for suspicious behavior, and receive alerts regarding policy violations and data leakage, ensuring robust security for all interactions across devices. The company also has regional offices in Toronto, Canada.
Propel Software Solutions
Series B in 2018
PropelPLM is a provider of cloud-based Product Lifecycle Management (PLM) software designed to assist companies in their digital transformation efforts. The platform connects various stakeholders, systems, and processes involved in bringing products from concept to market. It serves as a centralized source of product information for the entire value chain, including sales and service teams, facilitating secure and transparent collaboration. This approach enables faster market delivery while enhancing customer satisfaction and meeting global compliance requirements. PropelPLM operates on the Salesforce platform, leveraging its modern cloud infrastructure to ensure a scalable and future-ready solution for businesses seeking to streamline their product development processes.
ACL Services
Corporate Round in 2017
ACL Services is a technology company based in Vancouver that specializes in fraud detection, anti-bribery and corruption, and regulatory compliance. The company serves a diverse clientele, including some of the largest public and private organizations worldwide, and boasts over 14,000 customers, with a significant portion being Fortune 500 companies. Recognized as one of Canada’s Top SME Employers and a BC Top Employer, ACL aims to combat fraud, operational inefficiencies, and unethical practices in business. The company is at the forefront of transforming the industry by guiding auditors and compliance professionals towards cloud-based and mobile solutions.
Galvanize
Private Equity Round in 2017
Galvanize is a developer of software focused on governance, risk management, compliance, and audit, utilizing a SaaS-based model. Its HighBond platform aims to integrate security, risk management, and compliance functions within organizations. By aligning the efforts of operations, finance, risk, compliance, and audit teams, Galvanize enhances governance and supports the effective execution of organizational strategies. The software provides clients with increased visibility into risk, facilitates compliance demonstration, and allows for the growth of audit, risk, and compliance programs without incurring additional costs. Through its solutions, Galvanize seeks to strengthen individuals and protect organizations from potential threats.
Bitglass
Series C in 2017
Bitglass, Inc. is an information technology company that specializes in providing security solutions for sensitive data across cloud and mobile platforms while maintaining employee privacy. Founded in 2013 and headquartered in Campbell, California, Bitglass offers a comprehensive cloud security platform that integrates a cloud access security broker, a secure web gateway, and zero-trust network access. This platform enables enterprises to move to SaaS-based and mobile environments securely, delivering real-time end-to-end data protection. Bitglass's solutions allow organizations to track confidential files, monitor for suspicious behavior, and receive alerts regarding policy violations and data leakage, ensuring robust security for all interactions across devices. The company also has regional offices in Toronto, Canada.
Bracket Computing
Series C in 2015
Bracket Computing, based in Mountain View, California, develops software designed to enhance workload isolation and security for enterprises operating in hybrid cloud environments. The company's solution includes crypto-enforced micro-segmentation with always-on encryption of data at rest and in motion, utilizing customer-controlled keys. Additionally, it offers data and runtime integrity monitoring, along with auditability and forensic capabilities that capture memory during breaches. Founded in 2011, Bracket Computing aims to reimagine enterprise computing through radical innovation, providing a secure platform that empowers IT departments to maintain speed and agility while protecting against malware, malicious insiders, and operational errors.
Bitglass
Series B in 2014
Bitglass, Inc. is an information technology company that specializes in providing security solutions for sensitive data across cloud and mobile platforms while maintaining employee privacy. Founded in 2013 and headquartered in Campbell, California, Bitglass offers a comprehensive cloud security platform that integrates a cloud access security broker, a secure web gateway, and zero-trust network access. This platform enables enterprises to move to SaaS-based and mobile environments securely, delivering real-time end-to-end data protection. Bitglass's solutions allow organizations to track confidential files, monitor for suspicious behavior, and receive alerts regarding policy violations and data leakage, ensuring robust security for all interactions across devices. The company also has regional offices in Toronto, Canada.
Bracket Computing
Series B in 2014
Bracket Computing, based in Mountain View, California, develops software designed to enhance workload isolation and security for enterprises operating in hybrid cloud environments. The company's solution includes crypto-enforced micro-segmentation with always-on encryption of data at rest and in motion, utilizing customer-controlled keys. Additionally, it offers data and runtime integrity monitoring, along with auditability and forensic capabilities that capture memory during breaches. Founded in 2011, Bracket Computing aims to reimagine enterprise computing through radical innovation, providing a secure platform that empowers IT departments to maintain speed and agility while protecting against malware, malicious insiders, and operational errors.
Bitglass
Series A in 2013
Bitglass, Inc. is an information technology company that specializes in providing security solutions for sensitive data across cloud and mobile platforms while maintaining employee privacy. Founded in 2013 and headquartered in Campbell, California, Bitglass offers a comprehensive cloud security platform that integrates a cloud access security broker, a secure web gateway, and zero-trust network access. This platform enables enterprises to move to SaaS-based and mobile environments securely, delivering real-time end-to-end data protection. Bitglass's solutions allow organizations to track confidential files, monitor for suspicious behavior, and receive alerts regarding policy violations and data leakage, ensuring robust security for all interactions across devices. The company also has regional offices in Toronto, Canada.
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