Harbr, a London, UK-based enterprise data exchange company, raised $38.5M in Series A funding.
The round was co-led by new investors Dawn Capital and Tiger Global Management with participation from previous investors Mike Chalfen, Boldstart Ventures, Crane Venture Partners, Backed, Seedcamp, UiPath founder and CEO Daniel Dines, and head of strategy, Brandon Deer. This new funding increases Harbr’s total investment to date to more than $50M.
The company intends to use the funds to scale its team, with customer growth, sales and marketing to be centered in the US, while the UK remaining the hub for engineering and R&D investment.
Led by Gary Butler, CEO and co-founder, Harbr provides a private, cloud-based data exchanges that convert data into products that users can find, use, share and manage. The platform facilitates distributed data ownership and fosters collaboration between internal and external stakeholders.