Belgian DataOps platform Esoptra scores €2.4M, eyes international expansion

Belgian DataOps platform Esoptra scores €2.4M, eyes international expansion

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Data is the new oil! It almost fuels every organisation and enterprise across the globe. Recently, a new enterprise practice has emerged called Dataops. For the uninitiated, DataOps can provide organisations with real-time data insights, allowing every team to work towards a common goal collectively.

Secured €2.4 million!

In a recent development, Belgian startup and ‘DataOps’ pioneer Esoptra NV announced that it had secured €2.4 million total funding. This funding round was led by founders and existing and new private investors with extensive networks in a.o. Logistics and pharmaceuticals.

According to the press release, the funds will be utilised to professionalize the sales and marketing organisation and to prepare the platform for international expansion.

CEO Paul Carpentier, said,

Data is the new gold – most organizations have understood this by now. So they collect more and more. Yet too little of that accumulated gold is mined in a swift and cost-efficient manner. That is exactly where the power of our platform is to be found.

Previously, Esoptra had already raised just under 2 million euros from Belgian entrepreneurs and business angels and Flanders Innovation & Entrepreneurship (VLAIO). The current round converts a €1 million convertible loan while adding €1.4 million in fresh capital.

Scalable DataOps platform!

Founded in 2017 by Paul Carpentier and Jan Van Riel, Esoptra develops and markets a scalable DataOps platform for innovative, reusable business applications that leverage available data in faster, cheaper and simpler ways.

Carpentier added:

The extreme parallel scalability of the platform makes it ideally suited for B2B2C information sharing and collecting, an important differentiator in the market.”

At present, the company has 16 employees across teams in Herentals / Ghent and Bangalore (India). Furthermore, Esoptra is planning to expand its market in the US around 2020. Also, two resounding names Omar Mohout and Pieter-Jan Mermans were added to Esoptra’s Board of Directors to complement its capital increase.

Carpentier concludes:

Up till now, investments mainly went into the technology. We’ve come to a point where we are about to reap the first fruits. With the attraction of fresh talent, we’re equipped to face upcoming challenges head-on and ensure continuity.

Stay tuned to Silicon Canals for more updates in the tech startup world.

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