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Meeting exploding demand for cloud data integration: Manchester-based Matillion secures £72.24M funding

Matillion founder
Image credits: Matillion

Decentralising information becomes a necessity when one wants to access data from anywhere around the world. Cloud computing enables a way to do this and there’s been a huge shift in companies migrating to the cloud to help their workforce carry on from home due to the COVID-19 pandemic. One of the notable names in cloud data integration platforms is the Manchester-based startup Matillion. 

The company offers its services for making data useful for businesses. It also helps data engineers, data scientists and business analysts to incorporate all of their data in analytics and decision making, from any cloud platform. The UK startup has now announced securing a whopping £72.24 million in a latest funding round. In a conversation with UKTN, the company’s CEO Matthew Scullion, reveals more about the company, its future plans, challenges, goals and more. 

Accessing untapped market opportunities

The latest £72.24 million Series D funding round for Matillion was led by Lightspeed Venture Partners. In addition, Battery Ventures, Sapphire Ventures, Scale Venture Partners and Silicon Valley Bank Capital also participated in the funding round. The company aims to meet the “exploding demand” for cloud data integration for global organisations such as Amazon, Siemens, Subway, Novartis, Slack, and Accenture, with the freshly acquired funds. ...