Self-Learning Data Platform Reltio Closes $45M in Series D Funding

Reltio, a Redwood Shores, Calif.-based provider of a Self-Learning Data Platform, secured a $45m Series D funding.

The round was led by New Enterprise Associates (NEA) with participation from other existing investors Crosslink Capital, .406 Ventures, and Sapphire Ventures.

The company, which has now raised $117m in total, intends to use the funds to accelerate innovation, accelerate international expansion, and ramp support for global enterprise customers.

Led by Manish Sood, CEO, Reltio provides the Reltio Self-Learning Data PlatformTM, which, developed natively in the cloud, organizes enterprise data for continuous self-learning. The platform organizes data from all sources and formats, creating a unified data set with personalized views for users across sales, marketing, and compliance. With machine learning, Reltio then recommends actions, and finally measures and correlates the impact on the business.

The company has offices in London and in Bangalore, India.

FinSMEs

24/05/2018

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