Raito Raises €4M in Seed Funding

Raito, a Brussels, Belgium-based provider of data access management software, raised €4M in Seed funding.

The round was led by Dawn Capital, and Crane Venture Partners, with participation from angels from such companies as Collibra, Showpad and Harbr.

The company intends to use the funds to accelerate growth and expand operations.

Co-founded by Bart Vandekerckhove and Dieter Wachters, Raito makes data teams productive by simplifying data access management. The company gives data analysts fast access to data, removes the burdensome data access requests from data engineers, and gives data governance the tools to control, monitor and report on data usage.

Raito is now launching to customers in Europe and North America, targeting mid-sized organisations, with between 100 and 3000 people, with the intention to disrupt the €11bn data access management industry.

FinSMEs

18/10/2022