Crestline invested in Riversand.

Crestline invested in Riversand, a SaaS master data management and product information management solution provider based in Texas. Financial terms were not disclosed. “We are committed to continuing to invest in the data management space with a specific focus on the cloud. As enterprises of all sizes continue to prioritize investments in digital transformation initiatives, we believe companies such as Riversand will be at the forefront of enabling this vision,” said Will Palmer, a Managing Director at Crestline “We have been impressed with the execution at Riversand and the adoption of its product by the market. Riversand just closed a record-breaking Q3 and is moving towards capturing a bigger share of the cloud data management market. Our additional investment will support expanded growth initiatives to capture business in new markets through increased sales and marketing efforts.”