202224 Jun

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.

Source: Crn

Funding

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Amount
Aug 08 2022
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Classifications

Companies