Ohalo secures $3.5m from YFM and existing investors to fund global expansion.
The growth capital round was backed by YFM and existing investors to support worldwide expansion.
$3.5MGrowth
Ohalo builds software that helps enterprises govern, classify, and secure unstructured data at scale. Its platform enables organisations to map and monitor billions of files to reduce compliance and security risks.
Ohalo has raised $3.5m in growth capital from YFM Equity Partners and existing backers. The fresh funding will support the company as it accelerates its international expansion and extends its client base globally. Ohalo provides data intelligence tools designed to help large enterprises manage, classify, and secure unstructured files.
Investor perspective
"Ohalo is operating in a burgeoning marketplace, which is subject to increasing demand. It’s estimated by Gartner that 20% of all organizations will use software to monitor and control their unstructured data by 2026. With YFM’s backing there is a significant opportunity for Ohalo to capitalize upon this, having already carved out an excellent reputation for service delivery and tech innovation. We look forward to seeing the company continue to thrive and expand."
RP
Roshan Puri
Investment Director, YFM
Use of funds
- 01Expand into international markets
