Alation Raises $23M in Series B Funding

Alation, a Redwood City, Calif.-based data cataloging company, closed a $23m Series B funding.

The round was led by Icon Ventures with participation from Harmony Partners, Costanoa Ventures and Data Collective. In addition, Michael Mullany, a general partner at Icon Ventures, joined Alation’s board of directors.

Customers include General Electric, Intuit, City of San Diego, Pinterest, Pfizer and others.

The company intends to use the funds to scale operations.

Led by Satyen Sangani, CEO and co-founder, Alation provides a collaborative data cataloging platform for analysts and information stewards to search, query and collaborate for faster, more accurate insights. The platform leverages artificial intelligence to automatically capture the context of enterprise data, including relationships between data sets, analyst usage and trusted insights.
Customers include City of San Diego, Tesco, General Electric, Intuit, Pinterest, Pfizer, Albertsons, eBay, Square, and some of the world’s largest financial services firms.

FinSMEs

18/07/2017

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