HomeCanadaOptable Closes $20M Series A Financing

Optable Closes $20M Series A Financing

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Optable

Optable, a Montreal, Canada-based provider of a Software-as-a-Service (SaaS) data collaboration platform and clean room solution designed for the advertising ecosystem, raised $20M in Series A funding.

Backers included Hearst Ventures, Brightspark Ventures, Desjardins Capital, Deloitte Ventures, and asterX.

The company intends to scale up its global presence, technical talent, and product development, focusing on building new data collaboration solutions to address the needs of the industry.

Co-founded by Yves Poiré, Vlad Stesin and Bosko Milekic, Optable is a data collaboration and clean room solution designed for the advertising ecosystem in the age of privacy. The company takes an end-to-end approach to data collaboration and is integrated with ad delivery platforms for secure activation, making it possible to deploy campaigns directly from a clean room. The solution offers collaboration and interoperability enabling customers to safely and securely match audience data with any partner.

Optable currently works with customers in Canada, the US, Europe, and Japan.

FinSMEs

19/04/2023

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