OpenDataSoft raises funds to lead smart city initiatives - démarches smart cities

Press Release – OpenDataSoft

OpenDataSoft raises €1.5M and confirms its leadership at the heart of smart city initiatives

Paris, France – July 2, 2015 – Founded in 2011, OpenDataSoft is taking its business to the next level. The company just announced that it has raised €1.5 million from the venture capital fund Aurinvest.

 

A pioneer in Open Data and an API specialist, OpenDataSoft was the first company to develop a turnkey platform designed to enhance the value of data through interactive visualizations and APIs. Thanks to its user-friendly interface making it easy to publish and explore data, OpenDataSoft has become a valuable ally in tackling the challenges posed by the development of smart cities.

OpenDataSoft, a partner in shaping the future of sustainable cities

According to Jean-Marc Lazard, CEO of OpenDataSoft, “local governments, companies and administrations are becoming more and more aware of how important it is to open their data and make APIs available to their ecosystem. How could one launch a viable smart city project without effectively sharing the data produced by city leaders and citizens? OpenDataSoft positions itself as the ideal partner to address these priorities and support the sustainable urban transformation.”

Sandrine Mathon, Head of Toulouse Métropole Open Data, explained why the startup was chosen to collaborate with: “The platform is incredibly easy to use. Moreover, the SaaS technology enables a kind of responsiveness we were not used to as a local authority in which processes are usually very slow.”

OpenDataSoft, the French leading open data platform

OpenDataSoft has won more than 50 customers – all active innovators in public services – in just over three years.

Among them:

Furthermore, the first quarter of 2015 was highlighted by new customer wins in the United States and Australia. Since June, the startup is also providing API management and monetization services. An online payment module has been implemented to the platform.

This funding round will then pave the way for international expansion and strengthen OpenDataSoft’s team which now boasts 15 members in its Paris headquarters.

Jean-Marc Lazard commented: “This investment marks a turning point for our startup. It will allow us to immediately allocate important resources to the development and the promotion of our solution and conquer, at a faster pace, new markets in Europe and North America.”

About OpenDataSoft

Founded in 2011, OpenDataSoft develops a turnkey SaaS platform designed for smart and easy transformation of all types of data into innovative services (APIs, data visualizations, real-time monitoring). Its mission: make it easier for business users to publish, share and reuse data.

Headquartered in Paris, France, OpenDataSoft powers data sharing portals for customers such as Total, AXA, the French Ministry of the Interior, the Paris Region, the City of Brussels, the French National Railway Company, Veolia, m2ocity,…

More information on OpenDataSoft’s website or on Twitter: @opendatasoft

About Aurinvest

Aurinvest is a venture capital fund founded in 2001. It is managed and funded by over fifty entrepreneurs and business leaders, alongside institutional investors. Aurinvest invests in high growth companies or ventures on the edge of an exciting journey. The fund accompanies founders in building successful companies. Aurinvest invests primarily in technology and life science companies.

More information on www.aurinvest.com

 


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