Data management and unification provider Tamr Inc. secured an $18 million round of funding that includes participation from new investors SBI Investment, INTAGE Open Innovation Fund, Samsung Ventures, Fenox Venture Capital, and Alumni Ventures Group. Additional founding investors NEA and GV, as well as other existing investors, also participated in the round.
According to the company, the new financing will enable Tamr to continue its rapid growth, which was most recently demonstrated by its record start to 2018. Tamr’s machine-driven, human-guided approach to data unification is being heralded by users as a foundational component of their next generation data management strategies.