Collibra, a NYC- and Brussels, Belgium-based provider of enterprise data governance and catalog software, raised $100m in Series E funding.
The round, which brought the company’s total venture funding to $233 and its post-money valuation at more than $1 billion, was led by CapitalG, Alphabet’s growth equity investment fund, with participation from existing investors ICONIQ Capital, Index Ventures, Dawn Capital and Battery Ventures.
The company intends to use the funds for the expansion of the product portfolio and to accelerate growth across the business.
Led by Felix Van de Maele, CEO and co-founder, Collibra is a provider of cloud-based or on-premises data governance and catalog software, which allows organisations across the world to maximize the value of their data across the enterprise.
The company now plans to extend its artificial intelligence and machine learning capabilities both within its cloud-native platform — building more automation into its smart catalog product — and in its support of data science teams for their own advanced analytics initiatives.
Collibra currently serves more than 300 global customers in industries ranging from financial services to healthcare, retail and technology.