Optable, a Montreal, Canada-based identity management and collaboration platform for the advertising ecosystem, has raised $20 million in funding.
Investors
The funding was led by TELUS Global Ventures, with significant reinvestment from Hearst Ventures, Brightspark Ventures, Desjardins Capital, Deloitte Ventures, AsterX, and others.
TELUS Global Ventures (TGV), the corporate venture capital arm of TELUS Communications, was founded in 2001 and is based in Vancouver, Canada. TGV leverages the broader TELUS network to promote portfolio company solutions and connect them with opportunities across its ecosystem.
Optable Use of Funds
The company will use the funds to fuel U.S. growth. With 2025 in focus, Optable aims to expand partnerships with publishers and platforms.
About Optable
Founded by Yves Poiré, Vlad Stesin, and Bosko Milekic, Optable is a Montreal, Canada-based identity management and collaboration platform designed for the advertising ecosystem in the age of privacy. It provides privacy tools such as data clean rooms and audience identity management solutions.
Funding Details
Company: Optable Technologies Inc.
Raised: $20.0M
Round: Series A
Funding Date: January 2025
Lead Investor: TELUS Global Ventures
Additional Investors: Hearst Ventures, Brightspark Ventures, Desjardins Capital, Deloitte Ventures, AsterX
Company Website: https://www.optable.co/
Software Category: Identity Management
Source: https://www.prnewswire.com/news-releases/optable-raises-20m-fueling-us-growth-302359213.html