Incorta Raises $120M in Series D Funding

Incorta

Incorta, a San Mateo, Calif.-based direct data platform provider, raised $120m in Series D funding.

The round was led by Prysm Capital, with participation from existing investors GV (formerly Google Ventures), Kleiner Perkins, M12 (formerly Microsoft Ventures), Sorenson Capital, Telstra Ventures and Ron Wohl, as well as a credit facility from Silicon Valley Bank with participation from new investor and strategic partner National Grid Ventures.

The company, which has raised $195m in total funding since founding in 2014, intends to use the funds to expand go-to-market operations and meet global demand for its unified data analytics platform.

Led by CEO Scott Jones, CCO Greg Peters, CRO Darryl Banks and SVP of People Sheri Kelleher, Incorta provides a unified data analytics platform to allow business leaders, business teams, and data scientists to accelerate rate, volume, and complexity of modern enterprise data. The platform is built with open standards and integrates with cloud-friendly tools and platforms.

FinSMEs

28/06/2021