Datumize, a Barcelona, Spain-based developer of smart data innovative products and solutions, raised €1.8M in Series A funding.
The round was led by Alma Mundi Ventures, with participation French VC firm SGH Capital, Spanish angel investor Javier Urioste, Founder and CEO of SDG Consulting Group, and selected European and US companies with connections to Spain, such as Rubicon, Mainsense or Qumram (recently purchased by Dynatrace).
The company intends to use the funds to expand its product portfolio and explore new verticals and markets.
Led by Nacho Lafuente, Founder & CEO, Datumize is a software technology firm developing innovative products that allow companies to enjoy actionable insights based on hidden data (also known as dark data) to leverage them in decision making, opening the door to new sales opportunities detection, operational performance improvements, cost reduction, and revenue increase.
Alongside with the new investment, the company has created an Advisory Board to guide the company throughout its growth period, with the relevant advisors joining the company, such as:
– José Maria Alonso, former General Manager of Qlik Spain, and Strategic Advisor to Qlik International, with an extensive experience scaling B2B tech companies,
– Roger Casals, serial entrepreneur, founder of PasswordBank (successfully sold to Symantec).