Francisco Partners completed a $60m investment in Reciprocity.

Francisco Partners, a private equity firm, completed a $60m investment in Reciprocity, a developer of enterprise software designed to turn corporate compliance from a cost center into a valuable strategic asset. Financial terms were not disclosed. “Our vision is a world where risk is automatically identified and rapidly assessed in context of a customer’s business objectives and can be communicated in a way that everyone can understand. With our ROAR platform, companies can easily see, understand, and take action on their IT and cyber risks to quickly identify what is driving cyber risk for the business. With this investment from Francisco Partners, we’ll be able to accelerate product innovation and offer new levels of functionality and deeper intelligence with our technology, providing our customers with risk insight that is quantified and actionable," Michael Maggio, Reciprocity CEO and Chief Product Officer.