Habu, a San Francisco CA and Boston, MA-based data clean room software platform, secured $25m in Series B funding.
The round, which brings the total raised to $42m, was led by Wing Venture Capital with participation from Snowflake Ventures, super{set}, Norwest Venture Partners, and Ridge Ventures.
The company intends to use the funds to accelerate product innovation, operations, and customer success to support its client base and continued global expansion.
Led by Matt Kilmartin, CEO, Habu provides a data clean room software platform that empowers customers to work in distributed data environments to glean insights and execute advanced data science use cases with minimal resources. By streamlining and accelerating data collaboration between partners, the company enables companies to increase the velocity and value of data-driven initiatives. Through privacy- and governance- safe data collaboration, companies leverage Habu to drive private segmentation and activation, journey analysis, measurement, experimentation, and distributed machine learning.
The customer base include brands such as Disney and L’Oreal and others from CPG, retail, gaming, media & entertainment, automotive, and financial services.
