{"id":728,"date":"2017-06-06T15:42:32","date_gmt":"2017-06-06T15:42:32","guid":{"rendered":"https:\/\/solutionsreview.com\/data-management\/?p=728"},"modified":"2017-06-22T14:31:28","modified_gmt":"2017-06-22T14:31:28","slug":"728-2","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/data-management\/728-2\/","title":{"rendered":"Riversand Nabs Cool $35M in Series A Funding Injection"},"content":{"rendered":"
\"Riversand

Source: Glassdoor<\/p><\/div>\n

Master Data Management solution provider Riversand has secured<\/a> a Series A funding round worth $35 million. The investment was led by Crestline Investors and will be used to accelerate the company’s expansion and investment into their MDM 2.0 platform. In the company’s official press announcement, they note: “We will use this capital infusion to strengthen our foundation in core verticals, accelerate growth in targeted geographies and enter new markets through product innovation, sales and marketing.”<\/p>\n

A major benefit of RiverSand\u2019s Solution suite is its integration \u2013 all of its\u00a0modules have been developed using the same interface, data model, and\u00a0application framework. This offers clients a level of cohesion as they\u00a0implement flexible business processes within the Riversand suite. For\u00a0instance, RiverSand\u2019s Data Quality, Digital Asset Management, and Dynamic\u00a0Publishing functionality are all integrated with its MDM solution to increase\u00a0productivity throughout a retailer\u2019s catalog production process.<\/p>\n

In a statement, Riversand’s Founder and CEO Upen Varanasi explained: “With our MDM 2.0 vision, we are bringing together Relevance, Trust and Insights to our customers in an era of Cloud, High Scale and Data Discovery. We will use this capital infusion to strengthen our foundation in core verticals, accelerate growth in targeted geographies and enter new markets through product innovation, sales and marketing.”<\/p>\n

Riversand was founded in 2001, and since has increased its revenue more than 25 percent over the last six years. Last summer Solutions Review named Riversand a vendor to watch<\/a> in Data Management. We may have been\u00a0a bit early on them, but the new capital injection\u00a0certainly speaks to the increasing demand Big Data vendors are seeing in the marketplace.<\/p>\n

Read the full press release.<\/a><\/p>\n

<\/div><\/p>\n
\t\t\t

\"Download<\/a><\/p>\n<\/div>\n\t\t<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"

Master Data Management solution provider Riversand has secured a Series A funding round worth $35 million. The investment was led by Crestline Investors and will be used to accelerate the company’s expansion and investment into their MDM 2.0 platform. In the company’s official press announcement, they note: “We will use this capital infusion to strengthen […]<\/p>\n","protected":false},"author":23,"featured_media":729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[33,58,282],"acf":[],"yoast_head":"\nRiversand Nabs Cool $35M in Series A Funding Injection<\/title>\n<meta name=\"description\" content=\"Riversand secures $35 million in Series A investment funding led by Crestline Investors.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/data-management\/728-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Riversand Nabs Cool $35M in Series A Funding Injection\" \/>\n<meta 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