Riversand Secures Additional $10 Million Investment from Crestline Investors to Support Rapid Growth
Summary
Riversand’s delivery of its cloud-native data management platform in 2018 fueled demand for its cloud offerings, creating an opportunity for additional investment to support expansion initiatives. “Crestline Investors is a valued partner and has enabled us to deliver a best-in-class product that is seeing incredible adoption and high levels of customer satisfaction,” said Upen Varanasi, CEO and Founder of Riversand. “We continue to believe that data-focused cloud-first businesses are well positioned to propel the prolific number of digital transformation initiatives being undertaken by a wide spectrum of companies,” said Will Palmer, a Managing Director at Crestline, “Riversand is having a record-breaking year and our additional investment will support that momentum.” Riversand cloud-native master data management solutions are designed to support customers’ digital transformation journeys through improved business agility, faster adoption and improved collaboration across the enterprise. Riversand has a vision of helping companies know their customers better, move products faster, automate processes, mitigate risk and run their businesses smarter. Headquartered in Fort Worth, Texas, the company maintains affiliate offices in New York City, Chicago, London, Toronto and Tokyo.For more information, please visit https://www.crestlineinvestors.com.
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