Alation Raises Series E Round Co-Led by Thoma Bravo, Saudi PIF, and Costanoa Ventures
Posted on 11/02/2022
Redwood City, California-based Alation, Inc. raised a US$ 123 million Series E round. Alation is a provider of data-cataloging software. Thoma Bravo, Sanabil Investments (Public Investment Fund), and Costanoa Ventures co-led, and were joined by Databricks Ventures, Dell Technologies Capital, HPE, Icon Ventures, Queensland Investment Corporation (QIC), Riverwood Capital, Salesforce Ventures (Salesforce.com, Inc.), Sapphire Ventures, and Union Grove.
In 2021, Alation raised a US$ 110 million Series D round led by Riverwood Capital with participation from new investors Sanabil Investments and Snowflake Ventures, the venture capital unit of cloud data warehouse vendor Snowflake.