Castor, the Paris-based AI-powered platform has now raised $23.5 million in funding.
The Series A round was led by Blossom and backed by previous investor Frst and a number of high-profile angel investors such as Florian Douetteau, founder of Dataiku.
The AI-powered platform helps companies to find, understand and use their data assets effectively.
Companies are collecting a huge amount of data but struggling to efficiently scale its use.
Very often, data analysts lack proper data discovery tools and create the same dashboards with each market they enter.
Castor will use the funding to develop its sales and marketing teams in the U.S. where it has offices in San Francisco and New York and has grown 40% month-on-month over the past 12 months.
Founded by Tristan Mayer, Xavier de Boisredon, Amaury Dumoulin, and Arnaud de Turckheim, the platform is disrupting the way companies find and understand their data.
With real-time updates to ensure data health within the company and onboarding new customers in less than an hour, Castor claims its platform is easy-to-use, friendly, and collaborative.
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