GP Bullhound announces its investment in Stratio, a third generation big data platform, in a EUR13M Series B round led by Adara Ventures. The funds raised will go toward the continued evolution of the Stratio Big Data product suite while accelerating the growth of their software subscription business internationally. |
Stratio CEO, Oscar Mendez, said: “Stratio’s growth in recent years has been on an exciting trajectory. We are delighted to continue to work with Adara Ventures and have built a fruitful relationship with GP Bullhound for the past few years. We look forward to working together with them on our international expansion and growth strategy.”
Joakim Dal, Partner at GP Bullhound, commented: “Stratio makes next generation technologies usable for IT heavy enterprises at a fraction of the cost of doing it themselves. We see significant opportunities for growth ahead for Stratio.” Enquiries About Stratio About GP Bullhound
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