7 years ago
Matillion Secures $20 Million in Series B Funding to Expand Cloud Data Integration Platform
Matillion, a UK-based cloud data integration platform provider, has raised $20 million in Series B funding led by Sapphire Ventures, with participation from Scale Venture Partners and existing investor YFM Equity Partners
The company plans to use the funds to expand its sales, marketing, partnerships, and research and development efforts, accelerating the development of its Matillion ETL product line
Matillion's software is used by over 250 customers across 30 countries, including global corporations like GE, Siemens, Citrix, and Accenture, as well as data-centric companies like Vistaprint, Zapier, DocuSign, and Upside Travel.
ProblemTechnology
"Businesses are struggling to move their data from on-premise systems to the cloud, which is complex and time-consuming."
Solution
"Matillion provides a cloud data integration platform to help businesses move their data from on-premise systems to the cloud more quickly and easily."