Data3Sixty, a Westwood, Mass.-based provider of data governance solutions, has received an undisclosed amount of funding. Breton Capital Management led the round.
PRESS RELEASE
BOSTON, July 15, 2014 /PRNewswire-iReach/ — Cloud based data governance provider, Data3Sixty, Inc., has completed its initial round of funding. Led by Breton Capital Management, the proceeds from the transaction will be used to accelerate the commercialization of the company’s industry-leading Data Collaboration Product Suite.
“We are thrilled by this endorsement from our investors and look forward to further advancing our capabilities and commitment to helping organizations efficiently manage their data” said Jeff Shortis, Co-founder and CEO. “In today’s environment, organizations struggle to keep people informed of important details of the data they use to make decisions. Data3Sixty connects these people to the data they need, whether the data lives on premise or has been moved to the cloud, closing the gap where data lives, what it means, and where it is used.”
“We are pleased to partner with Data3Sixty to address critical needs in the data governance space” said Jim Palermo, Managing Partner at Breton Capital. “We see Data3Sixty’s capabilities as being of great value to information-centric organizations. In today’s environment of expanding data volumes and an ever increasing demand for transparency, it has never been more important to have the appropriate controls around data.”
About Data3Sixty
Data3Sixty, Inc. is a leading provider of data governance solutions. The company is headquartered in Westwood, MA and was founded in 2012. www.data3sixty.com
About Breton Capital
Breton Capital is a special situation private equity firm. The company is headquartered in Boston, MA.
www.bretoncapital.com
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