Alation, a leader in data cataloging, just announced a new VC round of $50M - Series C - from Sapphire Ventures, Salesforce Ventures and existing investors Costanoa Ventures, DCVC (Data Collective), Harmony Partners, and Icon Ventures. It brings the money raised globally at $82M. It's interesting to see Salesforce in this list, does it anticipate any move, we'll see.
Following an incredible year with triple-digit revenue growth a more 100 production sites, the company will continue to add machine learning into their data catalog solution.
We'll learn more in March when the IT Press Tour crew will meet for the second time Alation and understand the second wave fueled by this new VC round.
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