Celonis, a German data mining company raises $290m in the recent funding round at the valuation of $2.5bn. The Series C funding round was led by Arena Holdings and investors included Ryan Smith, the founder of customer experience specialist Qualtrics. The funding round brings total investments into Celonis to $370m. “Celonis is the clear market leader in a category with open-ended potential. It has demonstrated an enviable record of growth and value creation for its customers and partners,” Feroz Dewan, Arena Holdings CEO.