Trifacta, a San Francisco, CA-based data wrangling company, secured $100m in financing.
Backers included Telstra Ventures, Energy Impact Partners, NTT DOCOMO Ventures, BMW iVentures, ABN AMRO Digital Impact Fund, Accel Partners, Cathay Innovation, Google, Greylock Partners, Ignition Partners, and Infosys.
The company intends to use the new capital to accelerate adoption of its data wrangling platform to continue expansion into new geographies, new verticals and product areas.
Led by Adam Wilson, CEO, Trifacta has developed a data wrangling platform which provides a self-service approach to cleaning and preparing data. Around the globe, tens of thousands of users at more than 10,000 companies, including brands like Deutsche Boerse, Google, Kaiser Permanente, New York Life and PepsiCo, are uing Trifacta’s data preparation solutions.
The company’s approach to data cleansing is also leveraged by a growing number of AI software vendors such as IBM and Google Cloud. They distribute Trifacta as their data preparation standard to remove the critical barrier of poor data quality plaguing their customer’s AI and ML initiatives.