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Submission declined on 29 March 2026 by Rht bd (talk).
This draft's references do not show that the subject meets Wikipedia's criteria for inclusion for organizations and companies. The draft requires multiple published secondary sources that:
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Declined by Rht bd 2 months ago. Last edited by OpalYosutebito 29 days ago. Reviewer: Inform author.
Resubmit Please note that if the issues are not fixed, the draft will be declined again.
Submission declined on 17 February 2026 by AllWeKnowOfHeaven (talk).
This draft is not written from a neutral point of view. Wikipedia articles must be written neutrally in a formal, impersonal, and dispassionate way. They should not read like a blog post, advertisement, or fan page. Rewrite the draft to remove: Instead, only summarize in your own words a range of independent, reliable, published sources that discuss the subject.
Declined by AllWeKnowOfHeaven 3 months ago.
Submission declined on 23 January 2026 by Qcne (talk).
This draft's references do not show that the subject meets Wikipedia's criteria for inclusion for organizations and companies. The draft requires multiple published secondary sources that:
  • provide significant coverage : discuss the subject in detail, excluding routine coverage like product launches, staff appointments, or financial reports and listings in databases or listicles;
  • are reliable : from reputable outlets with editorial oversight;
  • are independent : not connected to the subject, such as press releases, the subject's own website, or sponsored content.
Please add references that meet all three of these criteria. If none exist, the subject is not yet suitable for Wikipedia.
Declined by Qcne 4 months ago.
Optro is an American software company
Optro
Company type
Private
Industry GRC software, risk management software
Founded2014; 12 years ago (2014)
FoundersJay Lee and Daniel Kim
HeadquartersCerritos, California
Area served
Worldwide
Key people
Raul Villar Jr. (CEO)
ProductsCompliance software, audit management software
OwnerHg
Number of employees
700+[1]
Websiteoptro.ai

Optro (formerly AuditBoard) is a U.S.-based software company that develops tools for audit, risk, and compliance management.[2] Its software is used to manage internal audits, risk workflows, and compliance documentation.[3] The company is headquartered in Cerritos, California.[4] [5]

History

[edit ]

Optro was founded as AuditBoard in 2014 by Daniel Kim and Jay Lee,[6] both former auditors who served as co-CEOs.[3] In 2018, the company received 40ドル million in Series B funding from Battery Ventures and Mucker Capital.[7] Scott Arnold became President and CEO in 2020.[8]

In 2024, the company reached 200ドル million in Annual recurring revenue,[9] and later that year, was acquired by the private equity firm Hg in a deal valued at approximately 3ドル billion.[6] Former Paycor CEO Raul Villar Jr. was named CEO in July 2025 and the company reached 300ドル million in annual recurring revenue in October of the same year.[10] [11]

Recognition

[edit ]

In 2024, the company received the Stratus Award for Cloud Computing from the Business Intelligence Group[12] and was named Overall Risk Management Solution of the Year at the 2024 CyberSecurity Breakthrough Awards.[13] In 2025, the company was included in Deloitte’s Technology Fast 500 for the seventh consecutive year.[14]

References

[edit ]
  1. ^ https://www.greatplacetowork.com/certified-company/7022046
  2. ^ "AuditBoard Acquired by Hg for Over 3ドル Billion". Los Angeles Times. 2024年06月13日. Retrieved 2026年02月25日.
  3. ^ a b Cutchin, James (2020年03月15日). "Auditboard Carves Out a Niche in Compliance". Los Angeles Business Journal. Retrieved 2025年12月12日.
  4. ^ "AuditBoard Los Angeles Office: Careers, Perks + Culture | Built In Los Angeles". www.builtinla.com. Retrieved 2025年12月12日.
  5. ^ Welk, Hannah (2024年06月10日). "AuditBoard Sells for 3ドル Billion". Los Angeles Business Journal. Retrieved 2026年02月25日.
  6. ^ a b Primack, Dan (2024年05月24日). "AuditBoard's 3ドル billion buyout shows that boring can be better". Axios. Retrieved 2025年12月12日.
  7. ^ https://finance.yahoo.com/news/exclusive-auditboard-risk-management-software-123408377.html
  8. ^ Garfinkle, Allie. "Exclusive: AuditBoard, risk management software provider, is generating 200ドル million in annual recurring revenue". Fortune. Retrieved 2026年02月12日.
  9. ^ Garfinkle, Allie. "Exclusive: AuditBoard, risk management software provider, is generating 200ドル million in annual recurring revenue". Fortune. Retrieved 2026年02月12日.
  10. ^ "Former Paycor CEO Villar takes top job at Los Angeles company". Cincinnati Business Courier. 2025年07月01日. Retrieved 2026年02月12日.
  11. ^ Metinko, Chris (2025年10月14日). "Exclusive: AuditBoard eyes M&A after hitting 300ドルM in ARR". Axios. Retrieved 2026年02月12日.
  12. ^ "Cloud Champions Unveiled: 2024 Stratus Awards Celebrate Innovation and Leadership | News | Business Intelligence Group". www.bintelligence.com. Retrieved 2025年12月12日.
  13. ^ "2024 Winners". CyberSecurity Breakthrough Awards. Retrieved 2025年12月12日.
  14. ^ "2025 Technology Fast 500 Award Winners | Deloitte US". www.deloitte.com. Retrieved 2025年12月12日.

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