PE Fund Investments
Data analytics co. Atlan raises $105-M
Atlan Inc , a Delhi- and Delaware, USA-based data analytics startup, has closed its Series C funding round with USD 105 million led by Singapore-based sovereign wealth fund GIC along with ?Meritech Capital Partners?.The round witnessed participation from existing investors Salesforce Ventures, Peak XV Partners, Insight Partners? and Waterbridge Ventures. The round brings Atlan's total fundraise to more than USD 206 million.Founded in 2019 by Prukalpa Sankar and Varun Banka, Atlan acts as a central hub atop a company's data infrastructure, stitching together disparate sources with catalogued metadata. This allows teams to easily find, trust, and govern AI-ready data, promoting collaboration across the organisation.Atlan’s clients include Cisco, Autodesk, Unilever, Ralph Lauren, FOX, News Corp, Nasdaq, NextGen, Plaid, and HubSpot.
In Mar 2024, Atlan had attracted USD 27.5 million in the first closing of the Series C round led by Salesforce Ventures, with participation from existing investors Peak XV Partners, WaterBridge Ventures, Grace Software and AT13 Fund.
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