Announced

Trifacta to raise $100m from investor consortium in latest funding round.

Synopsis

A group of investors including Telstra Ventures, Energy Impact Partners, NTT DOCOMO Ventures, BMW iVentures, and ABN AMRO Digital Impact Fund invests $100m in Trifacta, a leading data service software provider. The funding round also includes additional investment from existing investors including Accel Partners, Cathay Innovation, Google, Greylock Partners, Ignition Partners, and Infosys. The new capital will fuel adoption of Trifacta’s industry-leading data wrangling platform, which provides a modern, self-service approach to cleaning and preparing data. The investment will also accelerate the company’s continued expansion into new geographies, new verticals, and product areas. "We believe that Trifacta’s data prep solution will be key to accelerating the feedback loop between the hordes of data produced every day and the types of insights and actions taken by large organizations,” Marcus Behrendt, BMW iVentures Partner.

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