Trifacta raises $100M
Gunderson Dettmer client and AI-powered data wrangling company Trifacta has announced its latest $100 million round of funding. The financing included new investors Telstra Ventures, Energy Impact Partners, NTT DOCOMO Ventures, BMW iVentures and ABN AMRO Digital Impact Fund. Existing investors Accel Partners, Cathay Innovation, Google, Greylock Partners, Ignition Partners and Infosys also participated. The company plans to use the fresh funds for accelerated expansion into new geographies, verticals and product areas.
In the announcement of the funding Trifacta CEO Adam Wilson said, “For the last decade, companies have been trying to become more data driven, but most organizations have done little to enable people to get past all of the data friction that prevents them from asking and answering the most interesting questions. By automating complex data engineering tasks and enabling increased levels of self-service, Trifacta ensures organizations can harness the collective intelligence of their teams and make everyone a data hero.”
The Gunderson Dettmer deal team was led by Ivan Gaviria and included Michelle Fernandes and Peter Jung.