DDC, a Philadelphia, PA-based provider of SaaS critical data management solutions for companies, boards, and investors, has closed a seed funding of undisclosed amount.
The round was led by Robin Hood Ventures.
The company plans to use the funds for continued product development and sales expansion.
Founded in 2009 by Farid Naib, DDC develops critical data management (CDM) SaaS applications designed to organize corporate information, create document and communication workflow, improve investment management, and automate manual tasks.
The company currently offers the following two software platforms:
– Radar, which was designed for use by organizations and companies to provide management of key documents, and
– Sonar, which helps venture capital and private equity firms manage their investments and LP communications.
In conjunction with the funding, Dave Kurtz of Robin Hood, will be joining DDC’s board.