Soda can set its international growth ambitions in motion. The Belgian company managed to raise $14 million in a recent investment round.
Soda is a provider of a data quality platform complemented by smart intelligence. The platform allows organizations to test, debug, share data and helps prevent future problems.
Focus on growing internationally
The Brussels-based company raised $14 million in a recent investment round. This will be used to build out the international team. The focus is on expanding the New York office to get a firmer grip on the U.S. market.
The brand is already active internationally, which is shown by Soda’s diverse customer portfolio; Disney, HelloFresh, Abercrombie & Fitch, and Bloomberg are among its clients.
Soda won investor confidence by becoming financially self-sufficient. This goal was achieved without having to offboard team members, reveals CEO Maarten Masschelein. “We now welcome this additional funding support to give us the strongest possible platform to capitalize on the huge investment in AI which has highlighted the critical value of data quality.”
Expanding AI features
In the coming period, the company will continue to expand its AI functionalities. In particular, the next step for the Soda platform will focus on integrating AI into the workflow of data engineers. That will automate testing and observability.
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