Ardoq closes D-round

As organizations continue to build out their digital architecture, a new category of enterprise software has emerged to help them manage that process. Now, Ardoq — which makes enterprise architecture tools that give organizations an accurate picture of their digital networks, including who is working on what and when and where — has closed a round that will help it build out its own business: the startup has raised $125 million in a Series D that sources close to the company tell us values Ardoq at over $300 million.

Ardoq is based out of Oslo and about 30% of its enterprise client base is in the Nordics; the rest is spread between Europe and the U.S. The full list includes the likes of Carlsberg, Condé Nast and the U.S. Federal Communications Commission.