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Matillion Announces Investment From Snowflake Ventures To Fuel Growth Of The Cloud-Native Data Integration Platform

Jun 15, 2022•over 3 years ago
Manchester

Description

Matillion, the leading enterprise cloud data integration platform, today announced that Snowflake Ventures, the venture capital arm of Snowflake, the Data Cloud company, has invested in Matillion. This investment from Snowflake underscores Matillion's commitment to enabling customers to transform and enrich data directly within the Snowflake Data Cloud. As a continuation and expansion of the companies' partnership, Matillion will become among the first Snowflake data integration partners to adopt and leverage the recently announced Snowflake Native Application Framework, in private preview, making their connectors available directly within Snowflake's platform.

Company Information

Company

Matillion

Location

Manchester, England, United Kingdom

About

The company currently has “hundreds” of large enterprise customers, including Hundreds of large enterprises including Western Union, FOX, Sony, Slack, National Grid, Peet’s Coffee and Cisco for projects ranging from business intelligence and visualization through to artificial intelligence and machine learning applications. ”This is important because, as big data analytics and the tools to build these processes become more mainstream and themselves take on low-code interfaces, Matillion is providing a way for those less technical users to source and use their data, too. The startup was founded in Manchester (it now also has a base in Denver), and this makes it one of a handful of tech startups out of the city — others we’ve recently covered include The Hut Group, Peak AI and Fractory — now hitting the big leagues and helping to put it on the innovation map as an urban center to watch.