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Announced

Completed

Third Point Ventures led a $50m Series D round in Unravel.

Financials

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Transaction Value£46m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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observability platform

Domestic

Minority

Private

Private Equity

Completed

Acquisition

Data Centers and Hosting

United States

DataOps

Friendly

Single Bidder

Venture Capital

Synopsis

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Third Point Ventures, an investment firm, led a $50m Series D funding round in Unravel, a provider of data operations platform, with participation from Bridge Bank, Menlo Ventures, Point72 Ventures, GGV Capital, and Harmony Capital. “The DataOps observability market is poised to explode as enterprises invest in building data products that increase customers, revenue, and efficiencies. We’re excited to partner with Unravel Data, as the company has paved the way and established a proven track record of success helping some of the world’s most recognized brands simplify their data operations so they can bring new data-driven innovations to market,” Curtis McKee, Third Point Ventures Partner.

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