Data Management Tech Provider Ataccama Raises $150M From Bain Capital
Summary
The funding came from Bain Capital Tech Opportunities, which acquired a minority stake in the Toronto-based company, according to Ataccama. The company doubled its annual recurring revenue in 2021 and added a new customer every three days during the first quarter of fiscal 2022. The company said it has significantly expanded its footprint in the banking, financial services, insurance, life sciences, healthcare and retail industries. “Ataccama’s cloud-friendly, best-in-class platform makes it simple for technical and non-technical roles to collaborate on data quality and governance. Demand for the platform has driven a significant increase in the company’s average deal size, fueling incredible momentum.
Funding
Amount
$150.0M
Total raised
Date
June 22, 2022
Announcement date
Investors
Bain Capital
Lead investors
Company
http://www.ataccama.com
Funded company
AskAI Classifications
Sectors
No sectors detected
Functions
Governance, risk and compliance
Developer and IT Infrastructure
Data Management
Linked Companies
Ataccama
$50M to $100M