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New Deal


Announced

Completed

A consortium of investors led a $20m Series A round in Optable.

Financials

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Transaction Value£16m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Canada

data collaboration workspace

Information / Data Services

Acquisition

Cross Border

Private

Minority

Private Equity

Venture Capital

Completed

Friendly

Single Bidder

Synopsis

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A consortium of investors including Hearst Ventures, Brightspark Ventures, Desjardins Ventures, Deloitte and asterX led a $20m Series A round in Optable, a software-as-a-service data collaboration platform. “Optable has made enormous progress in delivering a privacy-centric, transparent, and interoperable solution to the market. Having such a great and diverse syndicate of strategic investors validates our approach. We look forward to collaborating with them to accelerate our expansion strategy and drive real results for our rapidly growing customer base across the globe," Yves Poiré, Optable Co-Founder and CEO.

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