# Blazent

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blazent

- Industry: Outsourcing
- Headquarters: Livonia, US
- Website: www.blazent.com
- Total disclosed funding: $33M
- Latest round: Series B (Feb 6, 2013)
- Investors on record: 10

## About

Blazent Inc. provides advanced Data Quality Management Solutions that ensure IT and Operational Technology data integrity, enabling organizations to make informed business decisions with confidence.Blazent Inc. was founded in 2001 and is headquartered in Livonia, US. The company specializes in data quality management, transforming data from diverse sources into trusted information for Configuration Management Databases (CMDB). In February 2013, Blazent raised USD 5.04 mn in Series B financing from HighBar Partners and Walden Venture Capital, bringing the total amount raised to USD 5.04 mn and valuing the company at USD 7.496 mn. The firm has completed a total of 8 deals to date.Blazent specializes in Data Quality Management Solutions, offering a comprehensive platform that ensures the integrity and accuracy of IT and Operational Technology data. The core product transforms data from a wide array of sources into trusted information that populates a Configuration Management Database (CMDB), enhancing visibility and driving value across organizations. Their client base consists of enterprises and Managed Service Providers that prioritize data accuracy in IT service management, operations, security, and the Internet of Things, with strong market presence in North America and Europe.Blazent generates revenue primarily through subscription-based models for its Data Quality Management platform. Clients engage in annual or multi-year contracts that provide access to the full suite of data management features and ongoing support, establishing predictable revenue streams. The firm’s services are designed to enhance data quality and operational efficiency through B2B engagements with organizations.Blazent plans to utilize the recent USD 5.04 mn raised in Series B financing to further develop its product offerings and expand into new markets. The company aims to launch enhanced data governance solutions by the end of 2014 and is targeting growth in both the North American and European markets to increase its client base. The recent funding will support product development and marketing efforts to penetrate these regions effectively.

## Funding rounds

- Series B, Feb 6, 2013, $5M — Walden VC, HighBar Partners
- Series D, Dec 22, 2006, $4.5M — Benchmark, Bain Capital, SV Health Investors, FirstMark Capital, KeyNote Ventures
- Series C, Feb 26, 2004, $10M — Benchmark, Bain Capital, StarVest Partners, Dali Hook Venture Partners, FirstMark Capital, KeyNote Ventures, Brookside Equity Partners
- Series B, Mar 10, 2003, $9.2M — Benchmark, Bain Capital, StarVest Partners, Dali Hook Venture Partners, FirstMark Capital
- Series A, Jan 1, 2002, $4.2M — Benchmark, FirstMark Capital

## Investors

- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series A, Series B, Series C, Series D
- FirstMark Capital (https://capitalatlas.ai/funds/firstmark-capital) — Series A, Series B, Series C, Series D
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series B, Series C, Series D
- StarVest Partners (https://capitalatlas.ai/funds/starvest-partners) — Series B, Series C
- Dali Hook Venture Partners (https://capitalatlas.ai/funds/dali-hook-venture-partners) — Series B, Series C
- KeyNote Ventures (https://capitalatlas.ai/funds/keynote-ventures) — Series C, Series D
- Brookside Equity Partners — Series C
- SV Health Investors (https://capitalatlas.ai/funds/sv-health-investors) — Series D
- Walden VC (https://capitalatlas.ai/funds/walden-vc) — Series B
- HighBar Partners (https://capitalatlas.ai/funds/highbar-partners) — Series B