Optable Raises $20 Million in Series A Acceleration Round
01/27/25, 4:52 AM
Location
montrealMoney
$20 million
Industry
advertising
information technology
software
analytics
Type
partnership
Optable, an identity management and collaboration platform for the advertising ecosystem, has announced the closing of its Series A Acceleration Round at $20 million. The funding round was led by TELUS Global Ventures and included reinvestment from previous investors. Optable enables media companies to harness, enrich, and activate audience data securely, supporting sustainable revenue growth while adhering to stringent privacy standards.
Company Info
Location
montreal, quebec, canada
Additional Info
Optable is a data management & collaboration solution designed for the advertising ecosystem in the age of privacy. Optable makes it easy for advertisers and publishers to use their audience data to plan, activate and measure advertising campaigns while safeguarding individual identities. Designed for the business user, Optable eliminates friction in campaign workflows by allowing any partner to manage, share, analyze, and activate data within one integrated and interoperable cloud application. Optable customers reduce technology costs, increase operational and marketing efficiency, and grow revenue. The company is funded by Brightspark Ventures, Desjardins Capital, Hearst Ventures, and Deloitte Ventures. Optable is headquartered in Montreal, Canada with employees in multiple countries around the globe.