Vaultspeed, a Leuven, Belgium – based SaaS company specialized in data warehouse automation solutions, closed a €3.6m Series A funding round.
The round was led by Fortino Capital Partners.
The company intends to use the funds to continue to expand operations and invest in its product.
Founded 2 years ago by Piet De Windt and Dirk Vermeiren with support of The Cronos Group, who remains on board through its seed investment fund the CoFoundry, Vaultspeed provides a data automation software platform for data managers to accelerate and automate the entire lifecycle (design, build and maintain) of their Data Vault to centralise enterprise data and deliver the necessary real time insights that business leaders need to guide their decisions.
Vaultspeed’s customer base ranges from California (Department of Health of Santa Clara County) across Europe to Japan (Olympus). The company recently signed a global deal with the Japanese multinational Olympus who will be building regional as well as global data integration platforms in order to make faster and better use of their enterprise data and improve their customer-driven solutions for the medical, life sciences and industrial industries. By bringing Vaultspeed into the process, Olympus can now create faster and better integrated insights on their SAP data and non-SAP data which was not possible before.
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