Data lineage business Solidatus, part of the FinTech Alliance community, has raised £14mn Series A funding.
Solidatus aims to change how organisations discover, visualise and manage data.
The round was led by AlbionVC and included HSBC Ventures and Citi.
Citi already made a strategic investment in Solidatus last year.
What does this mean?
Solidatus will use the fresh funds to fast-track the development of its technology, providing solutions to more data problems and expanding its product across more verticals.
Co-CEO and Co-Founder Philip Dutton commented: “The completion of Series A is confirmation that we’ve engineered the right solution to meet the complex needs of data-rich and regulated orgaisations, delivering a modern, agile and scalable solution. We are looking forward to working alongside our investors to accelerate the delivery of organisational transformation and control to new markets and clients, with the same level of commitment to the highest standards of service that are key to the Solidatus offering.”
Dutton also spoke about how companies should manage their data for the best results on our recent Shaping FinTech webinar – watch it here.