{"id":748987,"date":"2013-04-30T10:00:06","date_gmt":"2013-04-30T14:00:06","guid":{"rendered":"http:\/\/gigaom.com\/?p=640870"},"modified":"2013-04-30T10:00:06","modified_gmt":"2013-04-30T14:00:06","slug":"metadata-centric-enterprise-content-management-firm-m-files-scores-e6m-in-funding","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/748987","title":{"rendered":"Metadata-centric enterprise content management firm M-Files scores \u20ac6M in funding"},"content":{"rendered":"

The Finnish enterprise content management platform M-Files<\/a>, which places an unusual amount on emphasis on metadata, has closed a \u20ac6 million ($7.85 million) Series A round that was led by DFJ Esprit and also took in cash from the Finnish government<\/a>.<\/p>

M-Files does away with traditional folder structures, relying entirely on metadata to help people find documents (think iPhone rather than Windows), and it works across cloud, on-premise and hybrid installations. The service has been around for a good 8 years and has picked up some very serious customers indeed, ranging from AstraZeneca and Pandora to Northrop Grumman and the UN Environment Program.<\/p>

“Everyone says that metadata is important, but quite often it’s something users have to add when they are storing documents,” CEO Miika M\u00e4kitalo told me on Tuesday. <\/p>

“Our M-Files system is a metadata architecture, which gives excellent benefits for end users\u2026 You can [organize] documents by customer name, project, proposal date and so on, and if you choose to find a document you will always find the latest version \u2013 they might be different paths but they all lead to the same document.”<\/p>

As for the fresh cash infusion, this will be used to push M-Files further into the U.S. in particular, M\u00e4kitalo said: “We want to continue growing aggressively. We want our channel sales function to skyrocket in the coming years.” He added that, although the U.S. and Finland account for most of M-Files’s existing customers (of which there are thousands), there are many elsewhere in Europe and in Asia, too.<\/p>
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