Matillion Raises $150M in Series E at $1.5 Billion Valuation

Matillion, a Denver, CO, and Manchester, England, UK-based cloud data integration platform, raised $150M in Series E funding.

The round, which brings the total amount raised to $310M, valued the company at $1.5 billion, was led by General Atlantic, with participation from Battery Ventures, Sapphire Ventures, Scale Venture Partners, and Lightspeed Venture Partners.

The company intends to use the funds to continue to expand operations and its business reach.

Led by Matthew Scullion, CEO, Matillion provides a cloud-native data integration and transformation platform optimized for modern enterprise data teams. It is built on native integrations to cloud data platforms such as Snowflake, Delta Lake on Databricks, Amazon Redshift, Google BigQuery, and Microsoft Azure Synapse.

Hundreds of large enterprises including Western Union, FOX, Sony, Slack, National Grid, Peet’s Coffee and Cisco use Matillion’s cloud-native, low-code/no-code solutions to transform raw data into an analytics-ready asset, ready to power business intelligence, visualization, artificial intelligence, and machine learning projects.