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Data Intelligence Software Developer Alation Raises $110M In New Funding Round Snowflake Ventures is among the new investors and Alation and Snowflake plan to integrate their platforms and undertake a number of go-to-market initiatives. By Rick Whiting June 03, 2021, 05:44 PM EDT Data intelligence technology developer Alation has raised $110 million in a Series D round of funding that boosts the company’s market valuation to $1.2 billion. The new funding round, led by Riverwood Capital, brings the Redwood City, Calif.-based company’s total financing to $217 million, including a $50 million Series C round in January 2019. The funding round included participation from new investors Sanabil Investments and Snowflake Ventures and existing investors Costanoa Ventures, Dell Technologies Capital, Icon Ventures, Salesforce Ventures, Sapphire Ventures and Union Grove Partners.

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