Odilo announced raising $10 million in a round led by Swanlaab Venture Factory
ODILO, a Madrid, Spain and New York, USA startup providing digital content and learning services, closed a financing round of 10 million dollars.
The round was led by Swanlaab Venture Factory, and included participation from Endeavor Catalyst and CDTI alongside current investors KIBO VC, JME VC and Active VP. The company will invest the new funds to boost development of its intelligent learning experience technology, increase its content catalog (which already includes 5,300 partners in 43 languages), and advance global expansion by entering new markets.
ODILO, founded in 2011 and led by CEO Rodrigo Rodríguez, provides a SaaS platform which allows management, distribution, consumption, archiving, and preservation of all types of digital content. The tool is in use by clients from 43 countries, including schools, universities, business schools, and corporations.