Data infrastructure solution provider, Versori, has secured $3.5m in a new investment round. The firm is recognised as a leader in its field, offering ground-breaking solutions for data management and workflow automation.
The recent funding injection was spearheaded by Stage 2 Capital, with notable angel investors Cindy Bi of Capital X and Jamie Su also joining the round.
Versori’s key offering is its flagship product, Switchboard, an advanced any-to-any system integration and workflow automation platform. The platform, enhanced with sophisticated AI tools for schema building, data transformations, and data mappings, has gained acclaim as the integrative core for leading companies such as Sephora, Frasers Group, and ASOS.
With the additional capital, Versori plans to turbocharge its product development efforts, specifically focusing on the integration and visualisation tooling within its data infrastructure platform. A portion of the funds will be used to strategically expand its go-to-market team, allowing Versori to broaden its customer reach.
Beyond product development, Versori is set to cater to system-led integration requirements, such as ERP systems, e-commerce platforms, CRMs, and other critical systems. By facilitating seamless integration and automation, the firm is poised to empower businesses with better data management, optimised operational efficiency, and enhanced decision-making capabilities.
Versori CEO Sean Brown expressed his delight over the significant investment. “We are thrilled to secure this significant investment, which underscores the immense potential of Versori’s data infrastructure platform,” he said. “The funds will be instrumental in further enhancing our Integration and data visualisation capabilities, allowing us to meet the complex data integration needs of modern enterprises across various industries.”
Jay Po, Co-founder and Managing Partner at Stage 2 Capital, also voiced his enthusiasm for backing Versori’s mission. He said, “More than $350bn is spent on complex data integration problems currently solved by consultancies and service providers. Versori’s Switchboard solution is making any-to-any system integrations possible with incredibly fast time-to-value that the market needs. We’re so excited to back the Versori team to help customers solve the most complex of data integration challenges.”
This latest funding round cements Versori’s standing as a leading figure in the data infrastructure market. With a swiftly growing customer base and a strong dedication to innovation, the company is set to redefine how enterprises integrate and utilise their data.
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