Alation Inc, a specialist in enterprise data intelligence has raised $123 million in a Series E funding round led by Thoma Bravo, Sanabil Investments, and Costanoa Ventures alongside participation from new investor Databricks Ventures.
This round takes Alation’s total funding raised to $340 million with the company now valued at $1.7 billion.
Dell Technologies Capital, Hewlett Packard Enterprise (HPE), Icon Ventures, Queensland Investment Corporation, Riverwood Capital, Salesforce Ventures, Sapphire Ventures, and Union Grove also participated in the round.
Read more: Private Equity Wire
