What is VirtDB?
VirtDB is a software technology firm dedicated to developing next-generation data access solutions. Its core mission is to empower IT professionals and business users to interact with SAP data more efficiently. By bridging the gap between disparate data sources—spanning legacy and modern systems, personal and enterprise, on-premise and cloud environments—VirtDB aims to make all data universally accessible. The company's flagship products include Data Unfolder, a specialized SAP ERP data access solution, and InstantInsights, which enables the embedding of Tableau dashboards directly within the SAP GUI.
How much funding has VirtDB raised?
VirtDB has raised a total of $1.3M across 1 funding round:
Private Equity
$1.3M
Private Equity (2016): $1.3M with participation from Hiventures
Key Investors in VirtDB
Hiventures
Hiventures, also known as Corvinus Venture Capital Fund Management Plc., is a private equity firm established in 1999. Based in Budapest, Hungary, it specializes in supporting startup ecosystems, investment, and entrepreneurship.
What's next for VirtDB?
The substantial enterprise-level funding and recent strategic investment indicate VirtDB is poised for significant scaling and market expansion. This capital will likely fuel further development of its innovative data access technologies, enhance its go-to-market strategies, and potentially broaden its integration capabilities across a wider array of data platforms. The company's focus on simplifying SAP data interaction positions it well to capitalize on the growing demand for unified data management and accessibility in complex enterprise IT landscapes.
See full VirtDB company page