Habu, a San Francisco CA and Boston, MA-based data cleanroom software platform, secured $25 million in Series B funding, bringing the total raised to $42 million.
The round was led by Wing Venture Capital, with participation from Snowflake Ventures, super{set}, Norwest Venture Partners, and Ridge Ventures.
The company intends to use the funds to accelerate product innovation, operations, and customer success to support its client base and continued global expansion.
Company: Habu, Inc.
Raised: $25.0M
Round: Series B
Funding Month: November 2021
Lead Investors: Wing Venture Capital
Additional Investors: Snowflake Ventures, super{set}, Norwest Venture Partners, and Ridge Ventures
Company Website: http://habu.com/
Software Category: Data cleanroom software platform
About the Company: Led by Matt Kilmartin, CEO, Habu provides a data cleanroom software platform that empowers customers to work in distributed data environments to glean insights and execute advanced data science use cases with minimal resources. By streamlining and accelerating data collaboration between partners, the company enables companies to increase the velocity and value of data-driven initiatives. Through privacy and governance safe data collaboration, companies leverage Habu to drive private segmentation and activation, journey analysis, measurement, experimentation, and distributed machine learning. The customer base includes brands such as Disney and L’Oreal and others from CPG, retail, gaming, media & entertainment, automotive, and financial services.
Source: https://www.finsmes.com/2021/11/habu-raises-25m-in-series-b-funding.html