Riversand, a Houston, TX-based software-as-a-service (SaaS) Master Data Management (MDM) and Product Information Management (PIM) solution provider, received additional funding from Crestline Investors, a credit-focused institutional alternative asset manager.
The amount of the deal was not disclosed.
The company intends to use the funds to accelerate product innovation and increase market share through global sales and marketing expansion.
Led by Upen Varanasi, CEO and Founder, Riversand provides cloud-native master data management solutions designed to support customers’ digital transformation journeys through business agility, fast adoption and collaboration across the enterprise.
The solution allows companies to know their customers, move products, automate processes, mitigate risk and run their businesses.
The company has experienced success in its core PIM and MDM markets.