Summary
Matillion, headquartered in Altrincham with offices in New York, Denver and Seattle, has secured $35m in funding from Battery Ventures, with existing backers Sapphire Ventures and Scale Venture Partners also participating. The round brings the company's total funding to $60m.
The company, which creates data integration tools for cloud data warehouses, achieved triple-digit revenue growth for the third consecutive year in 2018. Its software is used by more than 550 customers across 40 countries, including global firms such as Bose, GE and Siemens. The investment will fund product development and accelerate the company's expansion beyond its current cloud data warehouse solutions.
Read the full story at Manchester Evening News
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Common questions
- What is this article about?
- Altrincham-based software company Matillion has completed a $35m Series B investment round led by Battery Ventures, bringing total funding to $60m. The cloud data integration specialist plans to use the capital to expand its product capabilities and global presence.
- When was this published?
- This article was published on 6 June 2019.
- Who published this article?
- This article was published by Manchester Evening News.