Solidatus raises £5M from Salica Investments

London-based Solidatus, a data lineage solutions provider, has received a £5 million loan from Salica Investments. This investment aims to fuel research and development, supporting the company's growth in the expanding global data governance market. Data lineage solutions are becoming increasingly critical for businesses needing to manage and understand their data. Solidatus offers a platform that allows organizations, particularly those in regulated sectors like finance and pharmaceuticals, to map and trace data from its source to its use. This capability helps ensure data quality, compliance, and supports digital transformation and AI initiatives. The new investment will accelerate the development of AI-enabled features, including automated lineage generation and inter-system lineage capabilities. The advancement of AI capabilities within the platform aims to improve customers' ability to manage data complexity and ensure regulatory compliance. Without proper data lineage, even the most sophisticated AI models risk instability, potentially leading to significant consequences for businesses. By reducing manual efforts and enhancing interactions, Solidatus simplifies data trust and helps organizations meet complex regulatory requirements.
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