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DataGalaxy Raises $10 Million in Seed Funding to Revolutionize Collaborative Data Governance

DataGalaxy Raises $10 Million in Seed Funding to Revolutionize Collaborative Data Governance

July 7, 2023

Lyon, Rhône-Alpes, France - DataGalaxy, an innovative software development startup based in Lyon, France, announced today that it has successfully raised $10,000,000 in its recent seed funding round. The investment was led by prominent venture capital firms Evolem, Newfund, Orange Ventures, and AV8 Ventures. The funds raised will be used to propel DataGalaxy's mission of transforming collaborative data governance and accelerating the growth of its agile data mapping platform.

Founded in 2015, DataGalaxy has quickly emerged as a trailblazer in the field of data governance. With a strong focus on usage, the company provides organizations with a cutting-edge platform that facilitates the sharing of common knowledge of their data. This collaborative approach empowers teams to concentrate on their primary objective of leveraging data to create significant value.

DataGalaxy's agile data mapping platform enables businesses to swiftly deploy solutions that support regulatory compliance, such as GDPR and Solva2. Additionally, it facilitates the implementation of a Data Catalog and enhances the performance of data teams including data scientists, business intelligence specialists, and data stewards.

Commenting on the successful funding round, Co-Founder Lazhar Sellami expressed his gratitude to the investors who recognized DataGalaxy's potential for revolutionizing the data governance landscape. He stated, "We are thrilled to have the support of Evolem, Newfund, Orange Ventures, and AV8 Ventures. This funding will enable us to accelerate the development of our collaborative data governance platform and provide organizations with the tools they need to harness the full potential of their data."

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