Stratio BD, a Madrid, Spain-based Augmented Data Fabric company, raised EUR65M in Series C funding.
The round was led by Infravia Growth. Adara (A and B-Series investor) and the founders will also participate in the deal.
The company intends to use the funds to further accelerate growth in Europe.
Led by CEO Oscar Mendez, Stratio BD provides an Augmented Data Fabric Platform that allows companies to extract real value out of their data. The data fabric segment encompasses suite-type solutions around data management including data access, virtualization, quality, governance and advanced analytics and machine learning components. By making available all the data a company has through virtualization and giving it meaning and governing it through the use of AI and semantic algorithms, clients can achieve their business objectives while reducing time to market and costs. Stratio BD’s solutions are particularly appreciated by blue-chip corporates in the financial services, healthcare, and retail sectors.
FinSMEs
13/10/2022