Matillion is one of a new generation of data ETL (extract, transform and load) software used to prepared and move data from operational systems to cloud-based platforms, such as Snowflake, Databricks, Amazon Redshift, Azure Synapse and Google Big Query, for business analytics, data visualization, machine learning and other tasks.Ĭapturing and analyzing increasingly huge volumes of big data to develop competitive insights is one of the most complex data management challenges businesses and organizations face today. The funding round was led by Lightspeed Venture Partners with participation from Battery Ventures, Sapphire Ventures and Scale Venture Partners, along with financing from Silicon Valley Bank U.K.
Data integration and transformation software developer Matillion has raised $100 million in a Series D round of funding, the company said Tuesday.