Collibra Collects $250M in Funding for Data Intelligence Cloud – IoT World Today

The funding will enhance the cloud-hosted knowledge intelligence platform agency’s valuation to $5.3 billion.

Collibra has picked up $250 million in collection G funding, almost doubling the cloud-hosted knowledge intelligence platform agency’s worth to $5.3 billion. Sofina and Sequoia Capital Worldwide Equities led the collection G spherical, investing with Tiger Worldwide, Battery Ventures, Capital G, Daybreak Capital, Sturdy Capital Companions, ICONIQ and Index Ventures.

Collibra officers say the funding will assist assist its product enhancement, companionships, international progress and recruitment method. Its companions embrace Amazon Internet Providers and Google Cloud.

“With The enlargement of The informationsphere anticipated To Obtain 181 zettabytes in 2025, The prospect lies in how organizations can handle each The information sprawl and complexity,” said Aneesh Venkat, companion at Sequoia Capital Worldwide Equities. “Collibra’s strategy to delivering knowledge intelligence Can be The sport-changer as organizations Discover your self to be extra agile Of their strategies and enterprise operations.”

Based in 2008, Collibra is a cloud-hosted knowledge intelligence platform agency that goals to catalog, hint and shield knowledge in enterprise IT methods.

The Computer software goals to allow efficient knowledge aggregation and storage so enterprises can use knowledge To assemble automated workflows and enterprise intelligence purposes.

Source: https://www.iotworldtoday.com/2021/11/19/collibra-collects-250m-in-funding-for-data-intelligence-cloud/

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