Venture Capital Access Online | The eMarketplace for the Venture Capital Industry

 

Home

Marketplace
Database
News
Store
Resources
Contact Us

 

 

News


VENTURE CAPITAL DIRECTORY | PRIVATE EQUITY DIRECTORY

List of Venture Capital / Private Equity Firms and Sources
Published since 1998, VCPro Database is the most reliable, up-to-date and affordable venture capital directory

2021 EDITION SPECIAL OFFER
Buy Now for only $119.95 plus a FREE 2022 update in January 2022

Learn More or Buy Now

VCPro Database 2021 24th Edition -- a downloadable and searchable venture capital database with 6,500+ venture capital and private equity firms worldwide. The most reliable, up-to-date and affordable venture capital directory of its kind. VCPro Database is available in both Windows and macOS versions. It has been published since 1998. (Updated JULY 2021)

Learn More » or Buy Now »




InfoSum Raises $65 Million Series B to Build the Next Generation of Data Collaboration

Data technology company will use funding to accelerate growth and global expansion

NEW YORK, August 17, 2021-- InfoSum, the world’s leading data collaboration platform, today announced a $65 million Series B funding financed by Chrysalis Investments. The round brings the total amount raised to $90 million since the company’s inception in 2016.

Since the closing of InfoSum’s Series A in September 2020, the company has tripled its revenue, doubled its employee base, entered into multiple new markets, and signed more than fifty new customers. InfoSum will use the new funds to accelerate hiring across every aspect of the business, expand into new regions, and further the development of its platform. InfoSum has already set the industry standard for private and secure data collaboration. The company’s approach to customer data collaboration, called the ‘non-movement of data,’ has been validated by leading businesses increasingly focused on privacy, security, and the creation of owned customer identity platforms.

Global enterprises rely on InfoSum to power privacy-safe data collaboration that drives better customer experiences, connecting customer records between and amongst companies, without ever sharing data. This customizable, customer-centric approach enables companies to unlock the full potential of their data, delivering better business outcomes while prioritizing the privacy of consumers.

“The technology that enables companies to safely and securely compare customer data is thankfully entering a new phase, driven by privacy-conscious consumers and companies focused on value and control. InfoSum is proud to be leading the way,” said Brian Lesser, Chairman and CEO of InfoSum. “Companies are looking for solutions to help resolve the existing friction and inefficiencies around data collaboration, and InfoSum is the company to drive this growth forward.”

Nick Halstead, InfoSum Founder and CTO, added, “InfoSum recognized early on the need for new technology in data privacy. Now as the market leader in data collaboration, this investment from Chrysalis allows us to accelerate the development of our unique infrastructure and expand its innovative capabilities into new arenas.”

As a result of the investment, Chrysalis Investment’s Richard Watts will be added to the InfoSum Board.

Richard Watts, Chrysalis Investments portfolio manager said, ‘InfoSum exhibits one of the fastest scale-up revenue streams we have come across in the software space, and, we believe, addresses a significant market opportunity in a digitalised world. We are delighted to be partnering with InfoSum and look forward to working with Brian Lesser, Nick Halstead, and the rest of the InfoSum team to deliver on the possibilities of the technology.”

Since launching its platform commercially in 2019, InfoSum has come to be relied upon by some of the most cutting-edge, security-oriented companies around the world to future-proof their businesses against an evolving data and technology landscape.

To learn more about InfoSum, visit www.infosum.com.

About InfoSum

InfoSum is the world’s leading data collaboration platform empowering companies to deliver better customer experiences while prioritizing customer privacy. Using patented, privacy-first technology, InfoSum connects customer records between and amongst companies, without moving or sharing data. Since launching the platform in 2019, global customer-oriented companies across financial services, CTV, retail, healthcare, gaming, and entertainment trust InfoSum to seamlessly and compliantly deliver better customer experiences.

InfoSum was founded in 2016 with a vision to connect the world’s data without ever sharing it. The company has multiple patents, protecting its invention of the ‘non-movement of data.’ InfoSum is based in the US, UK and DE, with offices across Europe and North America.

About Chrysalis Investments Limited

Chrysalis Investments is a closed ended Investment Trust which listed on the London Stock Exchange in 2018 and is a constituent of the FTSE 250 index. Chrysalis’ investment objective is to generate long-term capital growth through investing in a diversified portfolio consisting primarily of equity or equity related investments across public and private markets. The Trust is managed by Nick Williamson and Richard Watts of Jupiter Asset Management, who have over fifty years of investment experience between them.

Further information can be found at: www.chrysalisinvestments.co.uk

Contact:
Media Contact:
Brett Pinto
Communications Manager, InfoSum
Brett.pinto@infosum.com


News Index

Venture Capital Database 

 

 NEWS

Latest VC News
VC News Archive
News Search
RSS News Feed

List Your Firm

Entrepreneurs
Investors
Advisors

Venture Capital Database

VCPro Database
Download Trial
Buy Now

Business Plan Tools

Free Business Plan Template

 

Copyright © 1998-2021 Access InterComm  All rights reserved. 
Site Map | Privacy Statement | Legal Notice & Disclaimer