Talend is an open-source data integration vendor based in Los Altos with offices in Paris. It offers data integration, data management and business process management and its technology runs natively across Hadoop clusters, producing MapReduce code. The company reports tens of thousands of downloads every day from its free open-source distribution and plans to invest in inside sales and marketing to build incremental growth from that base. Talend will use the $40M investment to be more aggressive on its product roadmap with a particular focus on Hadoop technologies and to pursue an IPO. The $40M came from Bpifrance and Iris Capital with participation from existing investor Silver Lake Sumeru, bringing total capital raised to $101.6M. Bpifrance is described in the article as a French public investment house that specializes in helping companies do initial public offerings. Talend develops open source data integration, data quality, and master data management (MDM) solutions for the enterprise, publishing core modules under a GPL license. The company emphasizes an open approach that allows the developer community to improve and extend the product. Talend recently acquired Sopera, adding open source SOA and middleware capabilities to offer a unified middleware platform. The acquisition is positioned to deliver greater functionality, lower cost than proprietary technologies, and easier deployment and management; terms were not disclosed. Talend reported its flagship solutions have been downloaded more than seven million times and that its paying customer base grew 140% to well over 1,000 customers in 2009. Financially, the company has raised new funding and has total capital above $60 million. Talend provides open-source data integration, data quality and master data management (MDM) solutions. Its flagship open-source products have been downloaded more than seven million times, and its paying customer base grew 140% to well over 1,000 customers in 2009. The company publishes the code of its core and base modules under a GPL license to engage the developer community. Talend said it will use the new funding to further develop and extend its range of data integration, data quality and MDM offerings. The company characterized 2009 as a "killer year" for its growth. Investors view Talend’s open approach as disruptive to a market historically dominated by a handful of proprietary vendors. Talend builds Talend Open Studio, an open-source data integration product. The flagship product has seen over 3.3 million downloads and the company reports about 400 paying customers and more than 100 partners. Talend says its paying customer base grew by over 300% in the past 12 months. The company plans to use new funding to expand global operations into the Americas, EMEA and Asia-Pacific and to introduce a number of new products during the year. Financially, Talend completed a $12 million Series C and has raised close to $20 million in total after two prior rounds. Balderton Capital and AGF Private Equity are lead investors in the latest round.

Total raised

$94M

Funding rounds

4

Latest round

Equity

Latest activity

Dec 2013