On Thursday, data intelligence company Collibra announced the closing of its $112.5 million Series F funding round. This brings the company’s total funding raised to $345.5 million and puts the company’s post-money valuation at $2.3 billion.
Headquartered in New York and Brussels, Collibra helps enterprise companies uncover and properly utilize their data. Its software platform includes a suite of products that can collect, store, manage and analyze a company’s data. It aims to be both secure and collaborative, so teams across enterprise companies can use the platform without sacrificing privacy.
Four hundred fifty enterprise companies use Collibra’s platform to address issues like operational efficiency, data protection, cost reduction and compliance and risk mitigation. The company plans to use the new funding to continue delivering quality products to its customers.
“We are passionate about helping companies better understand, trust and benefit from their data,” Felix Van de Maele, the company’s co-founder and CEO, said in a statement. “Collibra is dedicated to helping organizations drive data collaboration across teams, and by partnering with our new and existing investors we further strengthen our position — and the position of our customers — to unlock the value of enterprise data.”
Collibra has over 140 employees based in New York. Van de Maele told Built In that this new funding will help attract new talent, in addition to fueling product innovation.
ICONIQ Capital, Index Ventures and Durable Capital Partners co-led the company’s Series F funding round.
