K2View secured $28 million in Funding round led by Forestay Capital

K2View, a Texas and Tel-Aviv, based provider of a real-time DataOps Solutions, secured $28 million in funding.

K2View is founded by the Achi Rotem. The company offers advanced data fabric, data integration, and data delivery software that uses the patented logical unit technology to enable secure access and control to all of an organization's data.

Achi Rotem, the CEO, and co-founder of K2View, said, "The fastest method to achieve true agility and exceptional customer experience is moving away from 30-plus years of application-driven enterprise into the data-driven enterprise. This is a critical component for digital transformation and a massive opportunity for us. As we look to the next stage of our growth, our vision is to continue helping companies unlock their potential by providing a faster, better and more cost-effective way to access and control data. To achieve funding of this size in the midst of a worldwide pandemic further proves our business potential. Forestay Capital and Genesis Partners share our vision for the future and are natural partners in helping us accelerate our growth."

Frederic Wohlwend, the Managing Partner at Forestay Capital, said, "As companies undergo digital transformation to adapt to a changing global economy and regulatory environment, K2View’s disruptive technology is transforming the use of data to accelerate business innovation. We’re thrilled to partner with this talented and visionary team in their next growth journey and scale the business across the globe to help organizations tackle their most complex data challenges."

The round was backed by the Forestay Capital with participation from Genesis Partners.

The company, as of now, has plans to use the new funds for its growth and expansion in the DataOps markets such as financial services, telecom, logistics, insurance, and more.

PC: Pablo, Unsplash