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Synopsis
General Atlantic, a global growth equity firm, led a $150m Series E funding round in Matillion, a developer of cloud-based data integration technologies. Additional investors include Battery Ventures, Sapphire Ventures, Scale Venture Partners, and Lightspeed Venture Partners. “Enterprises need to effectively close information gaps by rapidly transforming operational data into analytics-ready datasets that fuel business intelligence, AI, and ML innovation. With Matillion, large organizations are empowered with a data operating system that is purpose-built for the enterprise, enabling a broad spectrum of data users — from data scientists and engineers to marketers and business analysts — to make data useful," Matthew Scullion, Matillion CEO.
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