LOS ANGELES--(BUSINESS WIRE)--#audit--AuditBoard, a leading cloud-software platform for automating and transforming the way enterprises handle critical risk, audit and compliance work, announced a $40 million Series B investment led by global investment firm Battery Ventures. As part of the transaction, Battery General Partner Michael Brown will join AuditBoard’s board of directors. AuditBoard, which was founded in 2014 by former PwC and EY auditors Daniel Kim and Jay Lee, will use the financing to sup.