Alation Raises $123 Million at a $1.7 Billion Valuation

Alation is a data intelligence solution provider for data search and discovery, data governance, analytics, data transformation, analytics, and stewardship. Combining machine learning with human insight to cope with the most difficult challenges in the management of data and metadata. Alation parses and organizes data like technical metadata, business descriptions, and users’ permissions from a variety of resources.

The funding round Series E was led by Thoma Bravo, Sanabil Investments, and Costanoa Ventures. Among other participants were Databricks Ventures, Dell Technologies Capital, Hewlett Packard Enterprise, Icon Ventures, Queensland Investment Corporation, Riverwood Capital, Salesforce Ventures, Sapphire Ventures, and Union Grove.

Alation, San Francisco, USA, was founded by Aaron Kalb, Feng Niu, Satyen Sangani, and Venky Ganti in 2012. The funding raised is planned to be used for product development and sales, marketing, and engineering teams expansion. The main focus is on corporations in Latin America, Europe, ME, and Asia Pacific. “We’re going to bring innovation to the market that will increase the number of data assets we cover and the people who will leverage and access Alation,” Satyen Sangani, CEO of Alation. As of now, Alation’s customer base consists of more than 450 brands.

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