DataGalaxy, a Lyon, France-based modern data governance and data catalog solution, raised $10 million in seed funding.
The round was led by AV8 Ventures, with participation from Orange Ventures and existing investors NewFund and Evolem.
The new funding will enable DataGalaxy to expand operations in the US, enhance its suite of data products, and accelerate its growth plans.
DataGalaxy has built a loyal customer base with over 120 prominent brands, including Dior, Swiss Life, Technip Energies, TotalEnergies, and Sephora.
Its user-friendly approach and collaborative features enable all users within an organization, not just data teams, to easily adopt and leverage its capabilities. This inclusive design fosters a data culture where users effectively manage data knowledge, enhance decision-making, and unlock valuable insights for business growth.
“We are delighted to reach these significant milestones – they are a testament to the hard work and dedication of our team, as well as the trust and confidence our customers, partners, and investors have placed in us,” said Lazhar Sellami, co-founder and CEO at DataGalaxy. “As we remain committed to delivering exceptional data transformation solutions and driving innovation to help our customers foster a data-driven culture in their organizations.”
DataGalaxy continues to innovate and enrich its product portfolio to address the evolving needs of organizations in their data literacy journeys.
Company: DataGalaxy
Raised: $10.0M
Round: Seed Round
Funding Month: July 2023
Lead Investors: AV8 Ventures
Additional Investors: Orange Ventures, NewFund, and Evolem
Company Website: https://www.datagalaxy.com/
Software Category: Knowledge Management Software
About the Company: Founded in 2015, DataGalaxy is a Data Knowledge Catalog helping organizations understand how their entire business runs on data. DataGalaxy offers a user-centric platform dedicated to metadata mapping, active metadata management, and metadata knowledge sharing. Trusted by 120+ leading brands including Dior, Sephora, and TotalEnergies, DataGalaxy helps businesses of all sizes gain control over their data assets and make better, more informed decisions, thanks to an innovative approach to data governance and cataloging.
Source: https://www.datagalaxy.com/en/blog/datagalaxy-soars-past-120-clients-secures-10m-funding/