Alation Raises $123M Series E To Meet Surging Global Demand For Data Intelligence Platforms
Amount Raised
$123 Million
Round Type
Series E
Redwood CitySoftwareArtificial IntelligenceEnterprise SoftwareAnalyticsBig DataData MiningInvestors
Description
Alation Inc., the leader in enterprise data intelligence, today announced it has raised $123 million in a Series E financing led by Thoma Bravo, Sanabil Investments, and Costanoa Ventures, with participation from new investor, Databricks Ventures. Existing and other investors that also participated include Dell Technologies Capital, Hewlett Packard Enterprise (HPE), Icon Ventures, Queensland Investment Corporation, Riverwood Capital, Salesforce Ventures, Sapphire Ventures, and Union Grove. Total funding raised stands at $340 million, elevating the company’s current valuation to more than $1.7 billion amid the volatile late-stage software-as-a-service (SaaS) growth equity market.
Quick answer
Alation raised $123 Million in a Series E round, dated November 2, 2022. Investors: Dell Technologies Capital. Alation is based in Redwood City, California, United States.
- How much did Alation raise?
- Alation raised $123 Million in a Series E round on November 2, 2022.
- Who invested in Alation?
- Dell Technologies Capital is named as investors in this round.
- What does Alation do?
- Alation is the leader in enterprise data intelligence solutions, enabling self-service analytics, cloud transformation, and data governance.
- Where is Alation based and how big is it?
- Alation is based in Redwood City, California, United States. Fundz records about 550 employees.
- Who are the decision-makers at Alation?
- Fundz holds 2 contacts at Alation, including the Senior Talent Acquisition Partner(Global Hiring). Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Enterprise Software and Analytics around the same time
Companies in the same sectors as Alation that raised within 45 days of this round, from Fundz verified event records.
- Kuona raised $6M (Funding Round) on December 16, 2022.
- Chattermill raised $26M (Funding Round) on December 6, 2022.
- Acerta Analytics raised $8M (Series B) on November 24, 2022.
- Freshpaint raised $15M (Funding Round) on November 16, 2022.
- CoLabs QOF raised $2.3M (Seed) on November 1, 2022.
- Cinchy raised $15M (Series B) on October 27, 2022.
Who to call at Alation, and when
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- An alert the day Alation raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Alation, from your own LinkedIn network
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Related People
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