DemystData Closes $12.5 Million to Support Rapid Growth
Summary
The current market for information services is estimated to be $50 billion, with big data adoption at enterprises rising from 17% in 2015 to 59% in 2019, and growing at a CAGR of 36%. After onboarding a rich data partner ecosystem and generating high value around proven use cases for lighthouse accounts, DemystData has been experiencing rapid growth. We apply our experience and capabilities to a group of highly skilled and passionate entrepreneurs whose businesses are on the cusp of exponential growth. The firm is managed by operators and investors who have effectively built early to growth stage businesses and guided them through successful acquisitions. We invest early when we can build strong relationships and help to shape the future success of our companies.
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