Datamaran, a prominent player in the ESG (Environmental, Social, and Governance) software market, has successfully concluded a $33 million Series-C funding round. This significant financial milestone was achieved through investments from Morgan Stanley Expansion Capital, reinforcing Datamaran s position as a global leader in the industry. The capital raised will be strategically allocated to expedite the company s expansion in the U.S and Europe markets. Furthermore, Datamaran plans to channel these funds into enhancing its initiatives in generative AI, a cutting-edge technology that is set to revolutionize the way businesses operate and make decisions. This latest funding round not only underscores Datamaran s financial stability and growth potential but also its commitment to driving innovation in the ESG software sector.
Source: wallstreet-online.dePublished on 2024-09-19