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New Deal


Announced

Completed

Kleiner Perkins led a $100m Series C funding round in Tecton.

Financials

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Transaction Value£83m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Software

Private

Completed

Domestic

Private Equity

United States

Venture Capital

Acquisition

Friendly

Productivity Software

Synopsis

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Kleiner Perkins, an American venture capital firm, led a $100m Series C funding round in Tecton, a developer of an enterprise-ready data platform, with participation from Snowflake, Databricks, Tiger Global and Bain Capital Ventures. “It’s just a matter of time until organizations, large and small, integrate real-time predictive applications into their everyday operations. Given the strength of their technology and team, we believe Tecton is well positioned to be the catalyst that helps enterprises experience firsthand the significant uplift of leveraging real-time or streaming data in predictive data products," Aaref Hilaly, Bain Capital Ventures Partner.

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