Trifacta, a San Francisco, CA-based provider of data wrangling solutions, raised $48m in financing.
Backers included new strategic investors Columbia Pacific, Deutsche Börse, Ericsson, Google, and New York Life along and existing investors Accel, Cathay Innovation, Greylock Partners, Ignition Partners, and Ridge Ventures.
The company, which has raised $124m in total financing to date, intends to use the funds for the continued development of its data wrangling platform and accelerate its continued cloud and geographic expansion.
Led by Adam Wilson, CEO, Zarnaz Arlia, vice president of marketing, Bryan Plaster, vice president of customer success and services, and Yuri Bukhan, vice president of alliances, Trifacta provides a cloud platform that leverages research in human-computer interaction, scalable data management and machine learning to facilitate the process of preparing data.
The company’s solution allows customers to balance the need for self-service and the need for data governance through collaborative curation and crowdsourcing of new data products. This makes the data understandable and useful for analysis regardless of where it lives or how it is consumed.
Tens of thousands of users at more than 10,000 companies, including brands like Deutsche Börse, Kaiser Permanente, New York Life and PepsiCo, are currently using the platform globally.
Trifacta supports deployments in popular cloud ecosystems Amazon Web Services (AWS), Google Cloud Platform (GCP) and Microsoft Azure.