Rivery raises $16M to help enterprises manage and transform data

31 Mar, 2021

Rivery raises $16M to help enterprises manage and transform data
Photo by ian dooley on Unsplash

– Rivery, a data management platform geared toward enterprises, today closed a $16m series A round, bringing its total raised to date to over $22m.
– The company says the funds will be put toward expanding the size of its workforce and growing its international footprint.
– Enterprise data collection is expected to increase substantially over the next few years, but a chunk of data remains unleveraged, due to challenges in management and security.
– A Forrester survey found that between 60% and 73% of all data within corporations is never analyzed for insights or larger trends, while a separate Veritas report found that 52% of all information stored by organizations is of unknown value.

Analytics Big Data Data Integration Enterprise Software Information Technology Management Information Systems North America SaaS
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