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Synopsis
Thoma Bravo, a private equity firm, Sanabil Investments, a financial investment company, and Costanoa Ventures, a venture capital firm, led a $123m Series E funding round in Alation, an enterprise data intelligence solutions provider, with participation from Databricks Ventures, Dell Technologies Capital, Hewlett Packard Enterprise, Icon Ventures, Queensland Investment Corporation, Riverwood Capital, Salesforce Ventures, Sapphire Ventures, and Union Grove. “As companies continue their digital transformations, capturing and interpreting high-quality data is critical for decision-making and delivering stakeholder value Data intelligence is a high-growth market and Satyen and his talented team have built a leading platform trusted by enterprises worldwide. We’re excited to lead Alation’s Series E round and support the company as it continues its impressive business growth, product innovation, and market leadership,” Robert Sayle, Thoma Bravo Partner.
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