VaultSpeed, a Leuven, Belgium-based automated data transformation company, raised $15.9M in Series A funding.
The round was led by Octopus Ventures, with participation from Fortino Capital, PMV, and BNP Paribas Fortis Private Equity.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Piet De Windt, VaultSpeed provides companies with an automated data transformation solution combining automation templates, a data modeling GUI and a metadata repository to allow businesses to improve delivery and maintenance of their cloud data warehouse or lakehouse.
With offices in London, Seattle, Leuven and Vilnius, VaultSpeed works with the likes of HDI, Olympus, Eurocontrol or Bleckmann. The company also has established strategic partnerships with Snowflake, Microsoft, and Databricks, and has developed a network of over 30 service partners to serve clients on a global scale.
FinSMEs
20/11/2023