Industry Ventures and Emergence Capital led a $50m Series B round in Coalesce.io.

Industry Ventures and Emergence Capital, two investors, led a $50m Series B round in Coalesce.io, a data transformation company, with participation from 11.2 Capital, Bob Muglia, DNX Ventures, GreatPoint Ventures, Hyperlink Ventures, Next Legacy Partners, Snowflake Ventures, and Telstra Ventures. “We’ve had a front-row seat to Coalesce’s success, seeing them consistently outperform targets. Their customers regularly cite them as the most vital part of their data stack, and their mature partner ecosystem is impressive for their stage. Encouraged by this, we confidently led their Series B investment," Fanni Fan, Industry Ventures Principal.