Keboola, a Prague, Czech Republic-based data preparation platform, has raised $32 million in a Series A funding round.
SaaS Investors
The funding round was led by US-based private equity firm Viking Global Investors, with participation from Presto Ventures, Reflex Capital, TCF Capital, and angel investors, including Avast co-founder Eduard Kučera.
Viking Global Investors is a global investment firm founded in 1999. The firm employs a fundamentals-driven investment approach to managing over $42 billion of capital across public equity, private equity, and credit and structured capital strategies.
Keboola Use of Funds
The company will use the investment to support its expansion plans, focusing on Continental Europe, the UK, and the US.
About Keboola
Keboola is a cloud-based data platform that helps clients combine, enhance, and publish crucial information for their internal analytics projects and data products in a quick and easy fashion. Keboola's platform helps clients capture, analyze, and utilize crucial data for internal analytics projects and data products such as churn prediction, logistics flow, and revenue prediction. Its mission is to connect and integrate all company data in one end-to-end Data Stack as a Service.
Funding Details
Company: Keboola Data Services, Inc.
Raised: $32.0M
Round: Series A
Funding Month: December 2023
Lead Investors: Viking Global Investors
Additional Investors: Presto Ventures, Reflex Capital, TCF Capital, and Eduard Kučera
Company Website: https://www.keboola.com/
Software Category: Data Platform
Source: https://tech.eu/2023/12/01/avast-co-founder-invests-in-keboolas-32m-series-a-funding-round/