AuditBoard (Now Optro), a SaaS Risk-and-Compliance Platform
AuditBoard, founded by Daniel Kim and Jay Lee, evolved from a Sarbanes‑Oxley tool into a comprehensive SaaS risk‑and‑compliance platform. Battery Ventures led its 2018 Series B, rebranded the company, and installed CEO Scott Arnold, driving ARR to $200 million by early 2024. The firm expanded to eight integrated modules covering audit, ESG, and information security. In May 2024, private‑equity firm Hg acquired the profitable business for over $3 billion, and it now operates under the Optro brand.
Agent Skills Are the New SDK (And You Should Be Building One)
The article argues that AI coding agents like Claude Code and Cursor are replacing the traditional SDK installation model, turning developer bandwidth from a bottleneck into a non‑issue. By packaging product knowledge into "agent skills," companies can automatically instrument code...
How Reliability Won Is Building a Global Asset-Reliability Platform
Battery Ventures’ 2024 investment in Mobius Institute launched the Reliability Won platform, a unified condition‑monitoring and asset‑reliability service. Since then the platform has added Noria Corporation’s lubrication expertise and, most recently, Fluid Life’s oil‑analysis labs through three acquisitions. The combined offering now...
From Building MongoDB to Backing the Future of AI
Battery Ventures has announced its new XV fund, a $3.25 billion vehicle dedicated to frontier technology investing, and has appointed a former MongoDB CEO as a partner focused on AI, quantum computing, and robotics. The partner emphasizes that future AI breakthroughs...