OpenDataSoft

OpenDataSoft raises $5.4M from Aster Capital and Salesforce Ventures

OpenDataSoft, a global data company offering publishing and sharing solutions for the private and public sector, today announced a $5.4M Series A round of financing. Funding comes from Aster Capital and Salesforce Ventures, with a follow-on investment from Aurinvest. The funding will primarily be used to expand OpenDataSoft’s operations globally, including continued expansion in France and Europe and acceleration of its North American business development.

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OpenDataSoft has built a user-friendly, cloud-based data publishing and sharing platform to allow data to be easily visualized and reused by citizens, startups, or teams within city departments or organizations via APIs. OpenDataSoft’s platform offers more advanced features - such as real-time data processing - which are specifically relevant for Smart City and IoT projects.

OpenDataSoft was founded five years ago in Paris, France and has since grown to serve over 80 customers in ten countries, including the Portuguese Ministry of Health, the Swiss National Railway Company, and communities in the Research Triangle, including the City and County of Durham (NC). In France, OpenDataSoft counts the City of Paris, the Ministry of Education, and some of the largest French multinational corporations, such as Veolia and Saint-Gobain, among its customers.

The company plans to leverage the new funding to:

• Reinforce the research and development team in France, which currently represents half of the Paris office, OpenDataSoft’s global headquarters
• Expand into new markets in Europe, including Germany, Italy, Spain and the U.K while continuing to grow in existing markets, such as Portugal, Sweden, Switzerland and beyond. This will follow the recruitment of regional business development specialists in these regions
• Recruit sales and marketing teams in North America for both the public and private sectors following the opening of a North American headquarters in Boston

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