Based out of Brussels, Collibra, a data intelligence company, has raised $112.5 million (approx €104 million) in funding round doubling the company’s unicorn valuation from last year to land at $2.3 billion (approx €2.1 billion). This brings the company’s total venture funding to $345.5 million (approx €320 million).
The funding round was led by existing investors, ICONIQ Capital and Index Ventures, and Durable Capital Partners LP. Other existing investors Battery Ventures, CapitalG, and Dawn Capital also participated in the round.
Felix Van de Maele, co-founder and CEO for Collibra, said:
“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.”
The Belgian unicorn helps organisations around the world gain a competitive advantage by maximising the value of their data across the enterprise.
The company’s suite of products helps organisations address a breadth of business challenges, including data privacy and protection, compliance and risk mitigation, operational efficiency, and cost reduction.
Founded by Felix Van De Maele, Pieter De Leenheer, Stijn Christiaens in 2008, Collibra is a spin-off from STARLab at the VUB University of Brussels. The company operates in the U.S., Australia, Belgium, France, UK, and Poland.
Matt Jacobson, the general partner at ICONIQ Capital and Collibra board member, said:
“We have a high degree of conviction in Collibra and the importance of the company’s mission to help organizations benefit from their data. There is an increasing urgency for enterprises to harness their data for strategic business decisions. Collibra empowers organizations to use their data to make critical business decisions, especially in uncertain business environments.”
Main image credits: Collibra
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