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T. Rowe Price and Durable Capital Partners led a $1bn series D round in Celonis.

Synopsis

Private equity firms T. Rowe Price and Durable Capital Partners led a $1bn series D round in Celonis, a German data mining company. Additional investors include Franklin Templeton, Splunk Ventures, Arena Holdings and a group of principal investors. “Celonis uniquely sits at the center of one of the biggest technology trends of our time -- modernizing businesses with data-driven and intelligent execution. Celonis is a rare gem that has a massive market potential to create a new and modern way to run your business," Henry Ellenbogen, Durable Capital Managing Partner and Chief Investment Officer.

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