Paris-founded cloud data management startup Odaseva raises $11.7 million

French-founded enterprise cloud management platform Odaseva has raised $11.7 million in a funding round led by Partech, with participation from new investor Salesforce Ventures and existing investor Serena. This capital injection brings the total amount attracted by Odaseva to $14 million.

Odaseva’s Data Management Cloud helps enterprises to manage and secure their data in order to comply with the GDPR and other similar regulations across the world.

The company plans to use the fresh funding to double its employee headcount by the end of 2019 and “build on existing sales and technology partnerships with Accenture, Capgemini, CGI and Deloitte,” it stated in a press release.

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