WI Harper Group | February 23, 2021
WI Harper-backed Datablau, a Beijing based company focusing on data asset management and governance, has completed a Series A financing round lead by Linear Capital. With this round of financing, Datablau will further develop the business into key industry sectors and build advanced machine learning enabled data asset management system. WI Harper Group initially led the company’s Angel Round in 2017.
Datablau is a leading international data asset management platform focusing on data governance and data preparation to enable visibility, knowledgeability, and manageability of internal data for companies, making them easier for mining. It helps companies analyze data, solve problems from raw data to business analytics, accelerate data analysis process, and reduce operating costs. Datablau Data Asset Operation Platform can help companies to setup data categories, build data modeling, improve data quality, and govern the data automatically to increase operational efficiency and create new business growth potentials.
Since its founding four years ago, the business scope has expanded from the financial industry to retail, manufacturing, energy, government and many other sectors. Following the onset of 2020 Covid-19 pandemic, online processes of companies have accelerated rapidly, allowing Datablau to expand its business, and provide high quality data governance services to its customers, enabling them to successfully navigate and maintain business continuity.
Datablau continues to innovate and improve its services with more comprehensive product offerings. In 2020, the company released DDM 5.5 (data modeling, management and control platform), DAM 5.5 (data assets management platform), DDC 5.5 (data asset catalog) and other series of new products. A full-stack data governance product matrix has also been released for post-model management and control, post-event data asset inventory, data asset value output, to build a standardized low threshold data infrastructure.
Successful commercialization, deep technology expertise, and complete full-stack enterprise-level products have led Datablau to win a place in the Forrester NowTech global MLDC (data asset catalog based on machine learning), the only vendor selected in the Asia-Pacific region.
Earl Yu, Principal at WI Harper Group, commented: “With the development of AI and big data technology, data applications and solutions have gone from being practical to creating huge value for all aspects of business operations. This is also the reason behind the popularity of the Data Middle Platform in recent years. The core lies in data governance that solves how to achieve a high degree of automation and how to build standardized products with efficient tools. These are the core capabilities accumulated by Datablau and have supported the rapid development of the company to this day. Since WI Harper Group invested in Datablau from seed round, we’ve been happy to see the company led by Mr. Wang grow, and we will continue to firmly support the company’s further progress and growth.”
“Following the rise of Data Middle Platform in the past two years, more and more companies and institutions have begun to pay attention to data governance. They are establishing data management departments in the organizational structure and adding data governance as a strategic consideration for the next 5-10 years, and cultivating data talents in a large range of special trainings. It is now recognized that having solid data governance is the only key to bring the true value of data into meaningful play.” – commented Allen Wang, Founder & CEO of Datablau.
| About Datablau:
Datablau is a leading international data asset management platform focusing on data governance and data preparation to enable visibility, knowledgeability, and manageability of internal data for companies, making them easier for mining. It helps companies analyze data, solve problems from raw data to business analytics, accelerate data analysis process, and reduce operating costs.
| About WI Harper Group:
WI Harper is a pioneer and leading cross-border venture capital firm investing in early and expansion stage companies globally. With offices in San Francisco, Beijing, and Taipei, the firm actively oversees more than $1 billion in assets under management. Since inception nearly three decades ago, WI Harper has invested in over 400 startups and has successfully experienced more than 100 IPO and M&A exits.
We look for innovative companies and visionary founders in healthcare, technology and sustainability fields where there are high synergies and meaningful value added cross selling opportunities. While our healthcare team is presently honing on bioinformatics and digital biology, our technology team is focused blockchain, big data, analytics, artificial intelligence, AR/VR, IoT, robotics, drones, autonomous driving, as well as digital media and green energy projects.