GP Bullhound invests in big data platform Stratio
Madrid, 25 September 2018 – GP Bullhound announces its investment in Stratio, a third generation big data platform, in a EUR13M Series B round led by Adara Ventures.
The funds raised will go toward the continued evolution of the Stratio Big Data product suite while accelerating the growth of their software subscription business internationally.
Stratio CEO, Oscar Mendez, said: “Stratio’s growth in recent years has been on an exciting trajectory. We are delighted to continue to work with Adara Ventures and have built a fruitful relationship with GP Bullhound for the past few years. We look forward to working together with them on our international expansion and growth strategy.”
Joakim Dal, Partner at GP Bullhound, commented: “Stratio makes next generation technologies usable for IT heavy enterprises at a fraction of the cost of doing it themselves. We see significant opportunities for growth ahead for Stratio.”
For enquiries, please contact Joakim Dal, Partner at GP Bullhound, at firstname.lastname@example.org
Stratio is a leading Big Data and Artificial Intelligence software company, helping customers with their Digital Transformation by placing their data in the centre of their operations. From data intelligence to corporate culture, Stratio’s goal is to help the biggest sectors face the myriad of challenges and seize the opportunities that the digital revolution offers. The company has offices in Silicon Valley, Madrid, Sao Paolo, Bogota, and Vancouver. For more information please visit www.stratio.com
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York. For more information, please visit www.gpbullhound.com, or follow on Twitter @GPBullhound.