Reltio raises $22M in Series B

What does Reltio do?

Reltio, is an enterprise data driven applications and modern data management platform as a service company. The company aims at helping both businesses and IT tems in being right faster. This is a modern data management PaaS on which enterprises are deploy a new gen data driven applications. The company was founded on the beleif that companies need reliable, relevant access to info at their fingertips. It helps companies in tuning their data into info and knowledge assets in the most efficient way, shedding the traditional notion that IT must combine multiple technologies for managing different kinds of data and that business users must buy standalone tools for doing their own analysis.

How much reltio was funded?

The company raised $22M in Series B on July 28, 2016 from .406 Ventures, Crosslink Capital and New Enterprise Associates.

Previous funding

$10M in Series A on March 16, 2015 from Crosslink Capital and .406 Ventures.

What is next for Reltio?

The company plans on using the latest funding raised for extending its leadership position in modern data management through accelerated hiring of talented inividuals across all groups and for continued expansion into worldwide markets.

More about Reltio

Reltio was founded in on June 17, 2011 by Manish Sood. It has its headquarters in Redwood Shores, California. The company delivers reliable data, recommended actions and relevant insights so that companies can be right faster. The company’s cloud combines data driven apps with modern data managements for better customer engagement, customer planning and management of risk. The company enables information technology in streamlining data management for a total view across all the formats, sources at scale, while marketing, sales and compliance teams use data driven applications for predicting, collaborating and responding to chances in real time. Companies of all sizes rely on this company.