Riversand Technologies, a Houston, Texas-based Master Data Management (MDM) and a Product Information Management (PIM) company, raised $35m in Series A funding.
The round was led by Crestline Investors. In conjunction with the funding, Mr. Will Palmer of Crestline will join Riversand’s Board of Directors.
The company intends to use the funds to accelerate global expansion and further invest in its MDM platform.
Founded in 2001 by Upen Varanasi, Chief Executive Officer, Riversand provides Riversand provides Master Data Management (MDM) and Product Information Management (PIM) platforms enabling global enterprises in Retail, Manufacturing, Distribution, Energy, Healthcare, and Food Services to enhance their customers’ experience and move products faster to the market.
The company is headquartered in Houston with offices in Bangalore (India), London (UK), Stuttgart (Germany), Switzerland and Sydney (Australia).