Vaultspeed in a €3.6 million Series A round led by Fortino Capital Partners.

Vaultspeed, a Leuven, Belgium-based SAAS developer of data solutions, announced closing a €3.6 million ($4.3M) Series A round.

The money was raised from investors led by Fortino Capital and will be used to expand operations and invest in its product.

Existing investor The Cronos Group remains on board through its seed investment fund the CoFoundry.

Vaultspeed, founded in 2019 by Piet De Windt (CEO) and Dirk Vermeiren, provides a data automation software platform for data managers to accelerate and automate the entire lifecycle (design, build and maintain) of their Data Vault to centralise enterprise data and deliver the necessary real time insights that business leaders need to guide their decisions.

The tool connects with most popular ELT(ETL)-tools, source, target technologies and orchestration engines.

Vaultspeed’s customer base ranges from California (Department of Health of Santa Clara County) across Europe to Japan (Olympus).

The company recently signed a global deal with the Japanese multinational Olympus who will be building regional as well as global data integration platforms in order to make faster and better use of their enterprise data and improve their customer-driven solutions for the medical, life sciences and industrial industries.