CluedIn Nabs $15 Million in Series A Funding for Master Data Management
Master Data Management platform provider CluedIn recently announced $15 million in Series A funding, according to a press release. The investment was led by Dawn Capital with participation from existing investors, as well as Collibra’s co-founder and CTO Stijn Christiaens. CluedIn will use the capital to continue building out its product and make key sales hires, and invest further in marketing and partnerships in the United States.
CluedIn streamlines the process of making data ready for insights without compromising data fidelity or flexibility. CluedIn data fabric capabilities sit between data source systems and applications to solve common pain points in data integration, data governance, and data management. The product uses a graph database to automatically infer connectivity straight from the data source.
CluedIn touts several notable names among its customer base, including Pfizer, SAP and Coca Cola. The company has also garnered substantial recognition of its product by Microsoft, as well as Cool Vendor status from analyst house Gartner, Inc. The company has more than 30 employees across Denmark, the UK, Belgium and Australia. CluedIn is suitable for any large data integration use case and has featured partnerships with Snowflake, Amazon, and Google as well.
In a media statement on the news, CluedIn co-founder and CEO Tim Ward said “It’s been a fantastic journey so far. We’re delighted to have gained the recognition of leading industry authorities and partners, and the endorsement of some of the most forward-thinking global customers. We can’t wait to use these funds to take CluedIn to the next level and to more customers globally who are looking for ways to unlock the value of first and third-party data.”