6 years ago

Data Transformation Provider Matillion Secures $35 Million Series C Funding

  • Matillion, a data transformation software provider, has raised $35 million in a Series C funding round led by Battery Ventures

  • The investment brings the company's total funding to $60 million

  • Matillion will use the funds to accelerate growth and expand the capabilities of its flagship product, Matillion ETL

  • The company has experienced triple-digit growth for three consecutive years and aims to help businesses compete using data in the cloud.

      • ProblemTechnology

      "Businesses need to compete using data, and most of the time they'll do this in the cloud. The cloud offers the speed, agility, power, and economics to cope with the demand for data insights, and to manage the exponentially growing data volumes and complexities that we work with today."

      Solution

      "Matillion provides data transformation software for cloud data warehouses. It allows customers to extract data from a wide number of sources, load it into their chosen cloud data warehouse and transform the data into analytics-ready data."

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