Reltio has raised $10 million Series A from Crosslink Capital and .406 Ventures. The company also announced the general availability of its signature offering, Reltio Cloud, which is made to improve the effectiveness of business decisions and operations through data-driven applications.
Reltio seamlessly fuses multiple data types—including multi-domain master data, transaction and interaction data, third-party assets, and public and social data.“Data is the new natural resource, but it’s truly valuable only when it’s effectively mined, related and transformed into insight with business actions that can be taken within the context of day-to-day operations,” said Manish Sood, founder and CEO of Reltio. “With Reltio, data is collated and analyzed for actionable intelligence with the speed needed to support innovation and spark new revenue streams. IT gets a modern data management platform while business users get easy to use data-driven applications to address their everyday needs.”
Reltio Cloud consists of enterprise-class data-driven applications with a modern data management platform, combining master data, relevant big data insights, and intelligent recommended actions. The solution offers a new breed of applications that combine operational and analytical capabilities to manage and act on a complete view of relationships between people, products, places and activities. To accomplish this, Reltio seamlessly fuses multiple data types—including multi-domain master data, transaction and interaction data, third-party assets, and public and social data.
The unique challenges faced by healthcare and life sciences companies make Reltio data-driven applications ideal for key account management, affiliation management, HCP/HCO management, product data intelligence, plan and payer management, key opinion leader and clinical trial investigator management.