Leuven, Belgium \u2014 Vault\u00adSpeed, the auto\u00adma\u00adted data trans\u00adfor\u00adma\u00adtion company, announ\u00adced that it has recei\u00adved a Series A finan\u00adcing of USD 15.9 million (approx. USD 15.9 million (approx. EUR 15.1 million). This finan\u00adcing round is led by Octo\u00adpus Ventures, one of the largest and most active venture capi\u00adtal inves\u00adtors in the UK and conti\u00adnen\u00adtal Europe. The current inves\u00adtor Fort\u00adino Capi\u00adtal, PMV and BNP Pari\u00adbas Fortis Private Equity are also invol\u00adved. After two conse\u00adcu\u00adtive years of triple-digit reve\u00adnue growth, Vault\u00adSpeed intends to use the proceeds to expand its strong inter\u00adna\u00adtio\u00adnal presence, with a parti\u00adcu\u00adlar focus on the UK and US markets, and to further deve\u00adlop the plat\u00adfor\u00adm\u2019s auto\u00adma\u00adtion capabilities.<\/p>\n
To enable faster analy\u00adses and data-driven decis\u00adi\u00adons, more and more large compa\u00adnies are moving their data to the cloud. This poses a problem for data teams: without auto\u00adma\u00adtion, it is prac\u00adti\u00adcally impos\u00adsi\u00adble to trans\u00adform and inte\u00adgrate data from multi\u00adple sources in a timely manner without compro\u00admi\u00adsing on quality or quan\u00adtity. \u2014 Accor\u00adding to a market study by Gart\u00adner, global spen\u00adding on public clouds will increase by 17.5% to 725 billion dollars (approx. EUR 680 billion) by next year. Spen\u00adding on cloud infra\u00adstruc\u00adtures is the fastest growing market segment.<\/p>\n
Vault\u00adSpeed was laun\u00adched four years ago with an initial invest\u00adment of Cronos Group<\/strong> and Fort\u00adino Capi\u00adtal<\/strong> in Belgium and has comple\u00adtely trans\u00adfor\u00admed data trans\u00adfor\u00adma\u00adtion: Vault\u00adSpeed not only hand\u00adles the comple\u00adxity of data through trans\u00adfor\u00adma\u00adtion, but also conso\u00adli\u00adda\u00adtes data into a compre\u00adhen\u00adsive target data model that data engi\u00adneers can custo\u00admize to their needs in days and weeks, unlike tradi\u00adtio\u00adnal methods.<\/p>\n Vault\u00adSpeed alre\u00adady offers its auto\u00adma\u00adtion solu\u00adti\u00adons to global compa\u00adnies, espe\u00adci\u00adally in the finan\u00adcial, health\u00adcare and utili\u00adties sectors. The company has ente\u00adred into stra\u00adte\u00adgic part\u00adner\u00adships with Snow\u00adflake, Micro\u00adsoft and Datab\u00adricks and has built a network of over 30 service part\u00adners to serve custo\u00admers globally.<\/p>\n \u201cAll data teams want to increase produc\u00adti\u00advity and agility. We auto\u00admate every step of their cloud data warehouse or lake\u00adhouse: from setup to main\u00adten\u00adance and beyond,\u201d explains Piet De Windt, CEO and co-foun\u00adder of Vault\u00adSpeed<\/strong>. \u201cWe are deligh\u00adted to be working with Octo\u00adpus Ventures, where they have supported our goal of revo\u00adlu\u00adtio\u00adni\u00adzing the cloud data market from the very begin\u00adning. With this funding, we aim to triple our reve\u00adnue by 2025.\u201d<\/p>\n Paul David\u00adson, Part\u00adner at Octo\u00adpus Ventures <\/strong>(Photo \u00a9 Octo\u00adpus Ventures): \u201cData warehouse auto\u00adma\u00adtion is incre\u00adasingly repla\u00adcing conven\u00adtio\u00adnal approa\u00adches to crea\u00adting data warehou\u00adses that are beco\u00adming inef\u00adfec\u00adtive and outda\u00adted. Vault\u00adSpeed has deve\u00adlo\u00adped a code-free auto\u00adma\u00adtion plat\u00adform. We believe it is a first class answer to the chal\u00adlenges of modern data science, where busi\u00adness intel\u00adli\u00adgence or analy\u00adtics projects often need to be done in a matter of hours rather than months. We are deligh\u00adted to be working with Piet and Dirk, who are execu\u00adting their vision for their solu\u00adtion well so far. We are confi\u00addent that we can help them acce\u00adle\u00adrate their ambi\u00adtious inter\u00adna\u00adtio\u00adnal expan\u00adsion plans.\u201d<\/p>\n Marcel van der Heij\u00adden, Part\u00adner at Fort\u00adino Capi\u00adtal<\/strong>\u201cWe are deligh\u00adted to conti\u00adnue to support Piet De Windt, Dirk Vermei\u00adren and their team in their mission to push the boun\u00adda\u00adries of auto\u00adma\u00adtion, which has weathe\u00adred the pande\u00admic and beyond and conti\u00adnues to thrive as it trans\u00adforms the produc\u00adti\u00advity of data teams. A must-have in the current AI era.\u201d<\/p>\n \u201cVault\u00adSpeed is at the fore\u00adfront and will use the proceeds to main\u00adtain its compe\u00adti\u00adtive advan\u00adtage. We are just begin\u00adning to tap into the huge poten\u00adtial of auto\u00adma\u00adtion in the cloud data warehouse and lake\u00adhouse market. For exam\u00adple, we are explo\u00adring how AI and abstrac\u00adtion can further revo\u00adlu\u00adtio\u00adnize auto\u00adma\u00adtion and deli\u00advery of target data models,\u201d explai\u00adned Dirk Vermei\u00adren, CTO and co-foun\u00adder of VaultSpeed. \u201d<\/p>\n Roald Borr\u00e9, Group Mana\u00adger Equity Invest\u00adments at PMV:<\/strong> \u201cAuto\u00adma\u00adting data migra\u00adtion to cloud envi\u00adron\u00adments is a key cata\u00adlyst for digi\u00adtiz\u00ading busi\u00adnesses. PMV is exci\u00adted to support Vault\u00adSpeed in its rapid growth towards beco\u00adming a leader in the data space. The combi\u00adna\u00adtion of the team\u2019s talent and addi\u00adtio\u00adnal funding is the perfect recipe for contin\u00adued success.\u201d<\/p>\n Ben Kolada and Eddie Harding from ICON Corpo\u00adrate Finance<\/strong>who acted as advi\u00adsors on the tran\u00adsac\u00adtion, added: \u201cWe are very proud to have advi\u00adsed Piet and the Vault\u00adSpeed team on this trans\u00adfor\u00adma\u00adtive funding round. Vault\u00adSpee\u00add\u2019s rapid expan\u00adsion clearly demons\u00adtra\u00adtes that the advan\u00adced auto\u00adma\u00adtion capa\u00adbi\u00adli\u00adties of Vault\u00adSpee\u00add\u2019s data trans\u00adfor\u00adma\u00adtion plat\u00adform are exactly what the market demands. In addi\u00adtion, Octo\u00adpus Ventures, with its exten\u00adsive indus\u00adtry expe\u00adri\u00adence and broad inter\u00adna\u00adtio\u00adnal network, is the perfect part\u00adner for Vault\u00adSpee\u00add\u2019s next phase of growth.\u201d<\/p>\n About Vault\u00adSpeed<\/strong> About Octo\u00adpus Ventures About Fort\u00adino Capital About PMV<\/strong><\/p>\n As an invest\u00adment company, PMV shapes a sustainable Flemish economy, the engine of our prospe\u00adrity and well-being. We coope\u00adrate with ambi\u00adtious compa\u00adnies and projects that focus on social impact and finan\u00adcial return. PMV finan\u00adces promi\u00adsing compa\u00adnies from zero hour to growth and inter\u00adna\u00adtio\u00adna\u00adliza\u00adtion. The company offers custo\u00admi\u00adzed finan\u00adcial solu\u00adti\u00adons in the form of capi\u00adtal, loans and guaran\u00adtees to all entre\u00adpre\u00adneurs with a good busi\u00adness plan and a strong manage\u00adment team. With and for the govern\u00adment and other part\u00adners, PMV also reali\u00adzes important projects for the prospe\u00adrity and well-being of Fland\u00aders. PMV mana\u00adges a port\u00adfo\u00adlio worth EUR 1.7 billion. www.pmv.eu\/en<\/p>\n About BNP PARIBAS Fortis Private Equity<\/strong><\/p>\n BNP Pari\u00adbas Fortis Private Equity, the venture capi\u00adtal arm of BNP Pari\u00adbas Fortis, has been active in the Belgian private equity market since the 1980s. BNP Pari\u00adbas Fortis Private Equity is curr\u00adently acqui\u00adring mino\u00adrity share\u00adhol\u00addings and provi\u00adding mezza\u00adnine finan\u00adcing to high-performing medium-sized compa\u00adnies. BNP Pari\u00adbas Fortis Private Equity also invests in specia\u00adli\u00adzed venture capi\u00adtal and private equity funds in the Belgian market. BNP Pari\u00adbas Fortis Private Equity has direct invest\u00adments in Studio 100, Konings, eTheRNA, Hanne\u00adcard, Quality Assis\u00adtance and PointChaud.<\/p>\n About Cronos Group<\/strong><\/p>\n At Cronos Groep, we combine entre\u00adpre\u00adneur\u00adship with a passion for inno\u00adva\u00adtion. Our tech\u00adno\u00adlo\u00adgi\u00adcal exper\u00adtise is used not only to create oppor\u00adtu\u00adni\u00adties, but also to promote growth and bring visio\u00adnary ideas to life. We actively invest in start-ups, incu\u00adbate promi\u00adsing concepts and provide the resour\u00adces, mento\u00adring and know-how for their success. With the entre\u00adpre\u00adneu\u00adrial spirit embedded in our DNA, we strive to create a future where inno\u00adva\u00adtion and human progress go hand in hand. https:\/\/cronos-groep.be\/<\/p>\n About ICON CORPORATE FINANCE Leuven, Belgium \u2014 Vault\u00adSpeed, the auto\u00adma\u00adted data trans\u00adfor\u00adma\u00adtion company, announ\u00adced that it has recei\u00adved a Series A finan\u00adcing of USD 15.9 million (approx. USD 15.9 million (approx. EUR 15.1 million). This finan\u00adcing round is led by Octo\u00adpus Ventures, one of the largest and most active venture capi\u00adtal inves\u00adtors in the UK and conti\u00adnen\u00adtal Europe. The [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":49954,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[1366],"tags":[],"class_list":["post-49956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"yoast_head":"\n
\nVault\u00adSpeed is the prefer\u00adred solu\u00adtion of leading compa\u00adnies for auto\u00adma\u00adted data trans\u00adfor\u00adma\u00adtion. By combi\u00adning auto\u00adma\u00adtion templa\u00adtes, a graphi\u00adcal user inter\u00adface for data mode\u00adling and a meta\u00addata repo\u00adsi\u00adtory in a single plat\u00adform, Vault\u00adSpeed enables orga\u00adniza\u00adti\u00adons to better deploy and main\u00adtain their cloud data warehou\u00adses or lake\u00adhou\u00adses. Vault\u00adSpeed has offices in London, Seat\u00adtle, Leuven and Vilnius and coope\u00adra\u00adtes with compa\u00adnies such as HDI, Olym\u00adpus, Euro\u00adcon\u00adtrol and Bleckmann.
\nwww.vaultspeed.com<\/p>\n
\n<\/strong>
\nOcto\u00adpus Ventures is one of the largest and most active venture capi\u00adta\u00adlists in the UK and conti\u00adnen\u00adtal Europe. The company invests in and supports people, ideas and indus\u00adtries that are chan\u00adging the world. Octo\u00adpus Ventures has acqui\u00adred exper\u00adtise in seven sectors: B2B soft\u00adware, climate tech, consu\u00admer tech, deep tech, fintech, biotech and healthcare.
\nOcto\u00adpus Ventures supports over 180 compa\u00adnies in the UK and conti\u00adnen\u00adtal Europe, inclu\u00adding highly successful ones such as Zoopla, Wave\u00adOp\u00adtics and Depop. Octo\u00adpus Ventures invests in people and teams \u2014 from the idea on a piece of paper to the later growth phases \u2014 and provi\u00addes capi\u00adtal, know-how and part\u00adner\u00adships. The company mana\u00adges GBP 1.9 billion (approx. EUR 2.2 billion) for private and insti\u00adtu\u00adtio\u00adnal inves\u00adtors and invests GBP 200 million (approx. EUR 230 million) annu\u00adally. Octo\u00adpus Ventures is part of Octo\u00adpus Invest\u00adments, an invest\u00adment company that invests in people, ideas and indus\u00adtries that will change the world. www.octopusventures.com.<\/p>\n
\n<\/strong>
\nFort\u00adino Capi\u00adtal is a Euro\u00adpean invest\u00adment company specia\u00adli\u00adzing in high-growth B2B soft\u00adware solu\u00adti\u00adons, mana\u00adging two private equity growth and two venture capi\u00adtal funds. With offices in Belgium, the Nether\u00adlands and Germany, Fort\u00adino supports excep\u00adtio\u00adnal and ambi\u00adtious entre\u00adpre\u00adneurs in Europe. Fort\u00adi\u00adno\u2019s venture capi\u00adtal port\u00adfo\u00adlio includes Vertuoza (BE), Tech\u00adWolf (BE), Timeseer.ai (BE), Zaion (FR), Salon\u00adkee (LUX), Sides (DE), D2X (NL), Peers (DE) and Kosli (NO). Fort\u00adino Capi\u00adtal\u2019s private equity growth port\u00adfo\u00adlio includes VanRoey (BE), Bizz\u00adMine (BE), Mobil\u00adeX\u00adpense (BE), Efficy CRM (BE), Tenzin\u00adger (NL), SpeakUp (NL), Ceno\u00adsco (NL), Maxx\u00adton (NL), Star\u00addekk (BE) and Boni\u00adta\u00adsoft (FR). www.fortinocapital.com<\/p>\n
\n<\/strong>
\nICON has offices in London, Bris\u00adtol and San Fran\u00adcisco and specia\u00adli\u00adzes inter\u00adna\u00adtio\u00adnally in mergers and acqui\u00adsi\u00adti\u00adons and capi\u00adtal raising. The company works closely with the global M&A, venture capi\u00adtal, private equity and CVC commu\u00adni\u00adties. ICON has advi\u00adsed on exits for compa\u00adnies such as Accen\u00adture, Crayon, Aptean, IQVIA, Aviva, NTT, Syniti and Tels\u00adtra and reali\u00adzed capi\u00adtal raisings with JP Morgan, Synova, BGF, YFM, Mobeus and Moodys. His indus\u00adtry exper\u00adtise includes AI & Data\u00adTech, FinTech, Cyber, Health\u00adTech, Digi\u00adtal Media, Enab\u00adling\u00adTech, Enter\u00adprise Soft\u00adware and Mana\u00adged Services.<\/p>\n","protected":false},"excerpt":{"rendered":"