Company data intelligence firm DueDil picks up $17M for further expansion

DueDil, a rather clever London-based outfit that uses open (and purchased) datasets to provide due diligence services, has raised another $17 million in a Series B round. The cash came from existing investors Notion Capital, Passion Capital and round leader Oak Investment Partners, and it comes on top of the $5m I reported on in April last year. In those 10 months, the “real-time decision intelligence” firm said, it has gained traction among most of the FTSE 100 companies. Customers can currently use the DueDil API to find out information about companies and directors in 22 countries, and the fresh capital injection should help spread that coverage.

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