Silvr Europe, a Paris-based startup, has raised 18 million in a Series A funding round led by technology venture capital firm Accel. Joining Accel in the round is NextWorld Capital, a venture capital firm that focuses on investing in early-stage enterprise technology companies. The round brings Silvr’s total funding to 25.5M to date.
Silvr Europe is a data management platform built to empower enterprises to manage, organize, and mitigate their data. The company enables companies to access various data sources, virtualize their data, automate their data processes, and create insights. Silvr integrates multiple data sources while streamlining business management operations and complex data integration projects.
Motivation Behind the investment
The investment is motivated by Silvr’s focus on helping customers optimize their complex data landscape with a streamlined, automated data platform. The platform was designed to address the challenge that businesses face when they need to access, analyze, or secure their data. With Silvr, customers can gain a full understanding of their company data, sort and visualize their data, and run analytics and predictions on their data, creating opportunities for innovative decision-making. The platform enables an acceleration of data-driven insights for creating reliable business models and intelligent applications.
Recent Launch
Silvr recently launched its data sharing platform, enabling organizations to securely collaborate on projects without the risk of data breaches. The platform helps increase visibility of data insights while allowing organizations to automatically transfer sensitive data between teams. In addition to saving time, the platform helps organizations to have consistent data that is both up-to-date and secure. It also allows organizations to securely store data with its built-in data authenticity and verification protocols.
Future Plans
Silvr plans to use the latest funding to accelerate its innovation, expand its geographic reach, and grow its team. The company plans to focus on integrating more data sources and developing next-generation data analytics capabilities. Silvr also plans to invest in data privacy and security to ensure the protection of its clients’ data.
Product Capabilities
Silvr offers a wide range of data capabilities, from connecting multiple data sources to virtualizing data and automating data processes. The company offers automated insights and data-driven applications, as well as the ability to visualize data and create insights. In addition, customers can use the platform to securely transfer and store data with its built-in data authenticity and verification protocols.
Industry Experts Speak
Pascal Matzke, a Partner at Accel who led the investment in Silvr said, “Silvr offers a powerful technology to help enterprises better manage their complex data landscape. We are impressed by the team’s ability to quickly build and focus on customer needs while innovating the data ingestion, structuring, and analytics capabilities of their platform.”
NextWorld Capital’s Gustavo Rehfeldt added, “We are excited to partner with Silvr to unlock the power of data for the enterprise. We are confident that their cutting-edge technology, combined with their experienced team, will help them unlock the next level of insights and data intelligence for their customers.”
Advantage Over Competitors
Silvr provides a comprehensive data platform that few of its competitors can match. The company’s platform is designed to streamline complex data projects while creating opportunities for predictive analytics and insights. It also provides a secure data sharing platform and automated data insights.
Strong Track Record
Silvr has established a strong track record of success, with a customer base of leading companies across all industries. The company has been growing steadily and was recently recognized by the World Economic Forum as one of the top 100 tech pioneers of 2020.
Conclusion
Silvr Europe’s 18M Series A funding is a strong endorsement of the company’s innovative approach and ambitious goals. Their data platform has the potential to create a new benchmark for businesses to access, analyze, and secure their data with ease. With this latest round of funding, the company is well-positioned to leverage its impressive capabilities and to expand its customer base.
Related FAQs
Q.What is the goal of Silvr Europe?
A.Silvr Europe’s goal is to empower enterprises to manage, organize, and mitigate their data.
Q.Who led the Series A round?
A.The Series A round was led by technology venture capital firm Accel.
What is parisbased silvr 18m 112mdillettechcrunch?
A.Silvr Europe is a Paris-based startup that has raised 18 million in a Series A funding round led by technology venture capital firm Accel.
About silvr saas series 112mdillettechcrunch.
Silvr is a data management platform built to empower enterprises to manage, organize, and mitigate their data. With this latest Series A round, the company plans to focus on integrating more data sources and developing next-generation data analytics capabilities.
What is parisbased silvr europe series 112mdillettechcrunch?
A.Silvr Europe is a Paris-based startup that has raised 18 million in a Series A funding round led by technology venture capital firm Accel. The round brings Silvr’s total funding to 25.5M to date.
