Alation receives $50 million in latest funding round to further its data catalog innovations
Alation Inc., the data catalog company, is receiving $50 million from a recent funding round to expand its leadership in the machine learning data catalog market.
The Series C funding round was led by Sapphire Ventures, with participation from new investor Salesforce Ventures and existing investors Costanoa Ventures, DCVC (Data Collective), Harmony Partners, and Icon Ventures.
The Alation Data Catalog combines machine learning and human collaboration to drive business outcomes from self-service analytics, including analyst productivity and trusted data for executive decision-making.
The company will continue to expand the capabilities of the data catalog to meet a wide range of users and use cases, with the investment driving a doubling of engineering resources and funding research and development initiatives that build on Alation machine learning innovations, like Behavior I/O and SmartSuggest.
With the rise of self-service analytics, the Alation Data Catalog has become a crucial single-source of reference for organizations seeking to be data-driven, allowing everyone from the business user to the data scientist to find the data they need and understand whether it is right for the analysis at hand, said Satyen Sangani, CEO and co-founder of Alation.
For more information about this news, visit www.alation.com.