M-Files, Finnish intelligent information management company, has raised $80 million (€67 million) in an investment round led by European growth capital firm Bregal Milestone, with current investors Partech, Tesi and Draper Esprit also participating.
“We’ve identified opportunities to accelerate our growth and further expand M-Files’ market penetration, especially in North America,” said Antti Nivala, CEO and Founder of M-Files.
Tampere-based M-Files provides an intelligent, repository neutral platform that utilizes metadata and artificial intelligence (AI) to break down information silos and unify systems, data and content across an organization. M-Files embeds within popular digital workplace platforms, including Microsoft 365, Salesforce and Google Workspace, enabling users to access and manage documents and information from the applications where they prefer to work.