Matillion Announces $100 Million Funding to Deliver on Growing Enterprise Demand for Cloud Data Integration
DENVER and MANCHESTER, England, Feb. 16, 2021 /PRNewswire/
Matillion, the leading cloud data integration platform, today announced $100M in Series D funding, led by Lightspeed Venture Partners with participation from Battery Ventures, Sapphire Ventures, Scale Venture Partners with financing from Silicon Valley Bank UK Branch . The funding will fuel the company s growth, as it meets exploding demand for cloud data integration for global enterprise organizations such as Amazon, Siemens, Subway, Novartis, Slack, and Accenture.
Matillion solves a key challenge for the enterprise, helping them overcome the struggle to capture and innovate with data to quickly unlock the insights they need. A recent
Big Data Software Developer Matillion Raises $100M In Series D Round
The supplier of cloud-native data transformation, integration and replication tools will use the additional funding to accelerate the company’s growth. By Rick Whiting February 16, 2021, 12:59 PM EST
Data integration and transformation software developer Matillion has raised $100 million in a Series D round of funding, the company said Tuesday.
The funding round was led by Lightspeed Venture Partners with participation from Battery Ventures, Sapphire Ventures and Scale Venture Partners, along with financing from Silicon Valley Bank U.K. Branch.
Matillion is one of a new generation of data ETL (extract, transform and load) software used to prepared and move data from operational systems to cloud-based platforms, such as Snowflake, Databricks, Amazon Redshift, Azure Synapse and Google Big Query, for business analytics, data visualization, machine learning and other tasks.