201905 Jun

Manchester-based Matillion raises €31 million Series C to scale its data transformation software following three years of three-digit revenue growth | EU-Startups

Summary

The startup’s software is used by more than 550 customers across 40 countries, including global companies like Bose, GE, Siemens, Fox and Accenture, as well as high growth, data-centric companies like Vistaprint, Splunk, and Zapier. “It’s our view that every company in the world needs to compete using data,” said Matthew Scullion, CEO of Matillion. Only the cloud offers the speed, agility, power, and economics to cope with this demand for data insights, and to manage the exponentially growing data volumes and complexities that we work with today. As the leader in purpose-built data transformation software for cloud data warehouses, Matillion is perfectly positioned to help our customers compete and win using data.” Continued strong demand for Matillion’s data transformation software led the company to deliver triple-digit revenue growth in 2018 for the third consecutive year. The investment will allow Matillion to capitalize on its leading market position while accelerating growth, and extending the capabilities of its flagship product line, Matillion ETL.

Source: Google

Funding

$35M
Amount
Jun 04 2019
Date
-
Investor
Matillion
Company

Classifications

Companies