Solidatus, a London-based data lineage and metadata management company, is today announcing it has raised £14 million in Series A funding. AlbionVC led the round, which also includes HSBC Ventures and Citi, two of Solidatus’ enterprise clients.
The platform helps clients effectively map, manage and monetise their data, and last year was big for business.
The UK company says that in 2020, it more than doubled in size, quadrupling its revenue while staying profitable. Solidatus also expanded into several new sectors, including aerospace, manufacturing, telecommunications and government, earning the award for the Best Data Governance Solution by Data Management Insights.
With the fresh capital, the team will focus on global expansion, further extending into new territories including the US, Europe and Asia, as well as adding even more verticals to its repertoire.
Photo: co-founders Philip Miller and Philip Dutton