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Optable Secures $20M in Series A Funding to Revolutionize Data Management for the Advertising Ecosystem

Optable

Funding Amount
USD 20.0M
Company Size
11-50 employees
Industry
Data Infrastructure and Analytics

Optable, a leading data management and collaboration solution tailored for the advertising ecosystem in the age of privacy, has successfully raised $20 million in its latest funding round. This significant investment, backed by prominent venture firms including Brightspark Ventures, Desjardins Capital, Hearst Ventures, and Deloitte Ventures, will empower Optable to further enhance its innovative platform that simplifies the complexities of audience data management for advertisers and publishers alike. In a landscape increasingly defined by consumer privacy concerns, Optable ensures that its clients can effectively plan, activate, and measure advertising campaigns while safeguarding individual identities. The recent influx of capital will allow Optable to expand its operations, refine its technology, and invest in marketing initiatives that drive user engagement. With a user-friendly interface designed for business users, Optable eliminates friction in campaign workflows—providing a unified and interoperable cloud application that enables partners to seamlessly manage, share, and analyze data. Through these enhancements, Optable’s customers have reported notable reductions in technology costs, greater efficiency in their operations, and significant boosts in revenue. As Optable continues to grow its footprint, with employees based in multiple countries and its headquarters in Montreal, Canada, the company remains committed to delivering exceptional value in the ever-evolving advertising landscape. To learn more about how Optable is revolutionizing the way the advertising ecosystem operates, visit their website at https://optable.co/.

January 27, 2025

Buying Signals & Intent

This company has expressed interest in the following products and services:

Analyzed by AI based on company activities and public data
  • Data Infrastructure Solutions
  • Identity Management Services
  • Advertising Solutions
  • Collaboration Tools
  • Analytics Services

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