The data sharing platform developer raised $15.5m in a Canvas Ventures-led round that included BMW i Ventures.

Carmaker BMW took part in a $15.5m series A round for Vendia, the US-based creator of a distributed data sharing platform, through corporate venturing arm BMW i Ventures on Wednesday.

Canvas Ventures led the round, which was also backed by fellow venture capital firm Sorenson Ventures in addition to Vendia’s seed-stage investors.

Vendia has built a software platform that enables enterprise customers to share real time data and code across multiple clouds. It announced the funding alongside the release of…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.