Spanish Data Startup Onum Secures $28M Funding to Growth US Expansion

Your Tech Story
1 min readApr 11, 2024

Spanish cloud analytics and security platform Onum has successfully raised a significant $28 million in a Series A funding round led by European B2B software investor Dawn Capital. This investment marks a crucial milestone for Onum as it sets its sights on expanding into the lucrative US market.

Accelerating Growth and Innovation

Founded in 2023 by Pedro Castillo, Lucas Varela, and Pedro Tortosa, Onum is the brainchild of industry veterans with a proven track record in cloud analytics and security. Pedro Castillo, also the founder of Devo, a cloud analytics and security platform valued at over $2 billion, brings a wealth of experience and vision to Onum. The core mission of Onum is to empower companies with complete control over their data, enabling real-time observation, orchestration, and cost optimization.

With the fresh infusion of capital, Onum plans to strategically deploy resources toward hiring top-tier talent for teams in Spain and the US. This move aims to bolster product development efforts, ensuring that Onum remains at the forefront of innovation in the rapidly evolving data management landscape. Furthermore, the funding will be instrumental in fueling the company’s ambitious expansion plans, particularly in penetrating and establishing a strong presence in the competitive US market.

Read more: https://www.yourtechstory.com/2024/04/11/spanish-data-startup-onum-secures-28m-funding-to-growth-us-expansion/

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