Cluedin raised a $15 million Series A funding round led by Dawn Capital.
CluedIn, a Copenhagen, Denmark-based SAAS developer of a Master Data Management Platform (MDM), announced the completion of a $15 million Series A funding round.
The money was raised from investors led by Dawn Capital, joined by Stijn Christiaens, Co-founder and CTO of Collibra as a strategic angel investor, and existing investors Nordic Makers.
Proceeds will be used for product development and for hiring more people for in sales, marketing and partnerships as the company eyes further global expansion, particularly in the US.
CluedIn, founded in 2015 by former Sitecore employees - CEO Tim Ward, Martin Hyldahl, and Pierre Derval - developed a software tool that streamlines the process of making data ready for insights, as a layer between data source systems and applications and used to solve common pain points in data integration, governance, and management.
The CluedIn platform is suitable for any large enterprise data integration use case, with customers including Pfizer, SAP and Coca Cola, backed by a team of over 30 across Denmark, the UK, Belgium and Australia