Tadaweb, an operating system that collects and analyzes public data,
raised $20 million, led by Arsenal Growth and Forgepoint Capital,
according to co-founder and CEO Francois Gaspard, who tells Axios Pro
exclusively.
Why it matters: Being able to analyze publicly available information is a
must for organizations, but the sheer volume makes it challenging to do
quickly and accurately.
How it works: Tadaweb’s “small data” operating system digests fewer but
more precise open-source intelligence (OSINT) data points.
- This reduces analysis time down from days to minutes, allowing
companies and governments to identify threats, business disruptions
and other issues.
- The platform also offers full transparency to customers concerning
what data was used and how.
Zoom in: Existing investor Wendel participated in the round.
By the numbers: The 120-person company, founded in 2011, increased
revenue 30% last year, Gaspard said.
- The Luxembourg-based company has raised $40 million total.
What they’re saying: “Big data companies can bring in a billion data
points, but you don’t know where it all is coming from,” Gaspard said. “We
are about precision and transparency. Transparency is key.”
The bottom line: Not all data is created equal, and when it comes to
security and critical decision-making, organizations need to know more
about their data
