BLACK TIGER announces a €14.5 million financing
EUROPE'S LEADING MASTER DATA PLATFORM RAISES 14.5 MILLION EUROS FROM ARCOLE AND FINANCE&INVEST.BRUSSELS TO ACCELERATE ITS DEVELOPMENT
The French software company created the first "Master Data Platform" in 2015.
The goal of this technology is to simplify the use of data for businesses.
This platform provides companies with the ability to efficiently collect, store, analyze and leverage all types of data, enabling them to improve their technical and business user experiences and facilitate the discovery of new business opportunities.
Easy to install and compatible with all systems, it can also ensure RGPD compliance in an innovative and unique way. It comes with the skills of data management experts, can handle any type of data and meets all data virtualization needs.
This €14.5 million investment gives Black Tiger the ability to pursue its innovative projects to perfect its technologies and consolidate its position as a leader in the European market.
"We are delighted with the investments made by Arcole and Finance&Invest.brussels and we thank them for their confidence in our company and our technology. The Black Tiger Group is delighted to be able to offer its clients ever more innovative and effective solutions for managing their data. The Master Data Platform is an indispensable technology for companies wishing to remain competitive in a constantly evolving market", says Anne-Tania Desmettre, CEO of Black Tiger Group.
"Arcole supports French SMEs and ETIs with high potential. Black Tiger has demonstrated the relevance of its Master Data Platform to enable companies to control the management of their data. We share the strategic vision of its management team and are confident in its ability to carry out its development projects in France and internationally," commented Delphine Inesta and Renaud Sueur, Managing Partners of Arcole.
"Black Tiger offers an innovative solution for data analysis and a guarantee of GDPR compliance, thus responding to the digital transition challenge faced by many companies. Aware that the global market for Big Data & Analytics is still growing, we were also convinced by the expertise of the management, the quality of the tool, and the prospects for Black Tiger as a new R&D hub in the Brussels region," say Pierre Hermant, CEO and Christine Hick, Investment Manager at Finance&Invest.brussels.