Alation provides a data-cataloging platform that uses machine learning to crawl databases, parse metadata, track lineage, and surface searchable business and technical context for enterprise data. The product includes collaboration tools, reporting, behavioral recommendations, and integrations with sources like Redshift, Hive, Presto, Spark and Teradata. The company plans to invest the new capital in product development (including acquisitions), and to expand sales, engineering and marketing with a focus on the public sector and customers across Asia Pacific, Europe, Latin America and the Middle East. Alation has grown to serve over 450 brands and more than 25% of the Fortune 100, and its ARR is over $100 million. Management reports that ARR has increased year-over-year for the past five quarters, the company has 700+ employees (expected to be just under 800 by 2023), and a cumulative-cash-burn-to-ARR ratio of about 1.5x. Alation builds an enterprise data intelligence platform centered on its data catalog, combining a Behavioral Analysis Engine, machine learning, and collaboration features to help organizations find, understand, and trust data. The company offers Alation Cloud Service to deliver continuous integration and faster product innovation and integrates with ecosystems including Snowflake, AWS, Salesforce, and Tableau. Alation serves more than 250 enterprise customers across industries, including Bank of Montreal, Cisco, Pfizer, New Balance, and Munich Re. The company plans to use new capital to accelerate go-to-market, fund new products and capabilities, and expand into new geographies, verticals, and product areas. Alation has received industry recognition, including placement in Forrester and Dresner reports and other accolades. Total funding now stands at $217 million and the company has a reported market valuation of $1.2 billion. Alation builds a centralized data search catalog by crawling databases and connecting to common sources such as Oracle, Redshift, Teradata, Spark and Tableau. The product focuses on structured data and uses out-of-the-box connectors plus analysis of usage logs to surface the most likely results, a method the CEO likened to PageRank. The company reports triple-digit growth for four years running and has grown headcount from 89 to around 200, with about 100 large enterprise customers in production including BMW, Hilton, American Express and Salesforce. Alation plans to use the capital to hire 100–200 additional employees over the next year, including engineers as well as customer support, sales and marketing, and to build additional connectors. It also intends to expand partnerships and leverage authorized resellers such as Teradata to enter global markets. Alation was launched in 2012, released its first product in 2014, is based in Redwood City, California, and has raised a total of $82 million to date. Alation provides a collaborative, AI-powered data cataloging platform that helps analysts and information stewards search, query and collaborate for faster, more accurate insights. The platform automatically captures the context of enterprise data, including relationships between data sets, analyst usage and trusted insights. Led by CEO and co-founder Satyen Sangani, the company serves customers including General Electric, Intuit, Pinterest, Pfizer, the City of San Diego, Tesco, Albertsons, eBay, Square and large financial services firms. Alation is based in Redwood City, California. The company closed a $23M Series B and intends to use the proceeds to scale operations. Michael Mullany, a general partner at Icon Ventures, joined Alation’s board as part of the round. Alation develops a platform to make data more accessible within organizations, aiming to obtain timely insights. Founded in 2012 and based in Redwood City, Calif., the company operated in stealth while serving beta customers that include large data-driven organizations with tens of thousands of employees managing petabytes of data and thousands of databases. Its core product focuses on surfacing and governing enterprise data to enable broader access and insights. Alation planned to release its product for general availability in the first half of 2015. The company intends to use the funds from the Series A to accelerate product development and to scale sales and marketing.

Total raised

$315M

Funding rounds

5

Latest round

Series E

Latest activity

Nov 2022