Approva Corporation Receives Series C Investment From Sierra Ventures, Columbia Capital, LLC, New Enterprise Associates, And Others

Approva is a privately-held company that provides continuous controls monitoring software to three of the five largest audit and advisory firms, as well as other clients. Approva automates both IT and financial controls the applications companies rely on to run their business, including Oracle, PeopleSoft and SAP. Approva's software aims to help companies reduce risk, prevent fraud, lower their compliance costs and identify area of operational improvement. Founded in 2002, Approva is headquartered in Reston, Virginia.