HomeCanadaOptable Raises $20M in Series A Acceleration Funding

Optable Raises $20M in Series A Acceleration Funding

-

Optable

Optable, a Montreal, Canada-based provider of an identity management and collaboration platform, raised $20M in Series A Acceleration funding.

The round was led by TELUS Global Ventures with participation from previous investors, including Hearst Ventures, Brightspark Ventures, Desjardins Capital, Deloitte Ventures, AsterX, and others.

The company intends to use the funds to expand operations and development efforts.

Led by CEO Yves Poiré, Optable provides an identity management and data collaboration platform for the advertising ecosystem in the age of privacy. It helps media owners, publishers and platforms improve their first party data by building a comprehensive identity strategy, enriching their audiences with data sets, and activating audiences through purpose-built integrations. The company simplifies difficult data management challenges so that customers can build identity graphs quickly, reduce their overall technology costs, and grow revenue through multiple monetization strategies.

Commenting on the news, Yves Poiré said: “This funding allows us to keep building the tools our partners need to connect, collaborate, and thrive in a world where trust and transparency are everything.”

FinSMEs

27/01/2025

THE DAILY NEWSLETTER - SIGNUP