Alation Raises $50M in Series C Funding

alatianAlation Inc., a Redwood City — CA-based data catalog company, closed a $50m Series C funding.

The round was led by Sapphire Ventures, with participation from new investor Salesforce Ventures and existing investors Costanoa Ventures, DCVC (Data Collective), Harmony Partners, and Icon Ventures.

The company intends to use the funds to further leadership in the Machine Learning Data Catalog market and accelerate engineering investment in the Alation Data Catalog.

Led by Satyen Sangani, CEO and co-founder, Alation provides Data Catalog which combines machine learning and human collaboration to drive business outcomes from self-service analytics, including analyst productivity and data for executive decision-making. More than 100 organizations, including the City of San Diego, eBay, Munich Re and Pfizer, use the company’s solution.

FinSMEs

17/01/2019

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