4 years ago

Matillion Raises $150M in Series E, Valued at $1.5B

  • Matillion, a cloud data integration platform based in Denver, CO, and Manchester, England, UK, raised $150 million in Series E funding, bringing the total amount raised to $310 million

  • The round was led by General Atlantic, with participation from Battery Ventures, Sapphire Ventures, Scale Venture Partners, and Lightspeed Venture Partners

  • The company intends to use the funds to continue to expand operations and its business reach

  • Matillion provides a cloud-native data integration and transformation platform optimized for modern enterprise data teams

  • It is built on native integrations to cloud data platforms such as Snowflake, Delta Lake on Databricks, Amazon Redshift, Google BigQuery, and Microsoft Azure Synapse

  • Hundreds of large enterprises including Western Union, FOX, Sony, Slack, National Grid, Peet’s Coffee and Cisco use Matillion’s cloud-native, low-code/no-code solutions to transform raw data into an analytics-ready asset, ready to power business intelligence, visualization, artificial intelligence, and machine learning projects.

      • ProblemTechnology

      "transform raw data into an analytics-ready asset, ready to power business intelligence, visualization, artificial intelligence, and machine learning projects"

      Solution

      "a cloud-native data integration and transformation platform optimized for modern enterprise data teams"

      Covered on