Marc Andreessen famously proclaimed in 2011 that “software is eating the world”. Fast forward to today and it’s data eating the world. Data is growing somewhat faster or much faster than other types of data in 71% of enterprises according to Western Digital. By 2025, there will be 175 zettabytes (10,000 TB) of data. Solidatus is a metadata management and data lineage platform that’s focused on how enterprises view, manage, and understand their growing mounds of data. The company focuses on letting its customers harness the data economy, whether it’s for compliance, governance, introducing efficiencies, or even digital transformation efforts. Solidatus is currently used in a variety of industries including pharmaceuticals, banking, aerospace, manufacturing, consulting, and telecommunications. In 2020 alone, the company was able to quadruple its revenue as the pandemic introduced new complexities for data management across location and geography. London TechWatch caught up with Cofounder Philip Miller to learn more about the company, its future plans, and recent round of funding from investors that include AlbionVC, HSBC Venture,s and Citi.
Enterprise
Cledara Pulls in Another $3.4M to Centralize SaaS Spend and Management
Software may be eating the world but software spend may be eating your runway.
The average employee uses eight SaaS applications; companies with 50 or less employees have a total of 40 applications while larger companies with 1000+ employees have over 200 different subscriptions on average. Cledara is the SaaS purchasing and management platform that centralizes a company’s cloud software subscriptions, providing transparency into spend and usage. The pandemic has created a frenzied acceleration for digital transformation and the associated software needed and this trend has fueled massive growth for Cledara; the company has grown 20x in 2020 alone.
London TechWatch caught up with Cofounder and CEO Cristina Vila to learn more about the company’s platform, expansion plans, and latest round of funding from Nauta Capital and Anthemis.
Detected Raises £250K to Replace Manual B2B Due Diligence
Detected is the world’s first agnostic business verification platform helping B2B buyers and sellers transact with confidence. In a matter of seconds, Detected uses thousands of data points to confirm both parties’ credentials including identity, location, solvency, and capability. London TechWatch caught up with CEO Liam Chennells to learn more about the current deficiencies with manual B2B due diligence, the company’s imminent launch, and recent funding round from investors that include Rob Barnet, Craig Sears-Black, and Carl Hartmann
Blue Prism Raises £100M to Make Robotic Process Automation Accessible to the Enterprise
“In this new economic reality, automation has become a top business priority.” Digital transformation is not just a buzz phrase. Robotic Process Automation is allowing employees and companies to reclaim millions of hours by leveraging technology to transform how we think about and approach work. Blue Prism is at the intersection of this sweeping trend and its product offering makes integration of these nascent technologies seamless. Executive Chairman and CEO Jason Kingsdon shares some insight on the company and the future of how enterprises work…
Opportunities in 2020 and beyond: APIs, Genomics, Communities, Video and good old SaaS
2048 Ventures Managing Partner Alex Iskold shares some insights into what he is looking at from an investment standpoint in 2020 and beyond.
Qudini Brings the Best of Online to Help Physical Retailers Stay Relevant
If retail wants to compete with the ease and convenience of online shopping, retail teams have to create the best customer experience, and this is possible by utilizing software solutions. Qudini is the solution for enterprise retail that manages store operations and collects data to perfect customer experience. Through its app, retail teams can coordinate […]
Cognism Raises $10M to Boost Sales Team Revenue Like Never Before
B2B sales data is notoriously fragmented and disorganized, causing precious leads to go dry and ultimately leading to the loss of potential revenue, but the all-in-one prospection solution, Cognism, is fixing this through its patented Revenue AI engine. Congism is fully GDPR-compliant; it enables sales teams to identify ideal buyers and scale audience outreach by […]
Startups: How to Build for and Sell to Enterprise Customers
Seven areas that can help startups land more enterprise customers. A must-read for anyone working at an enterprise startup.