Series D+16 February 2021

Matillion raises £72.2m in Series D funding led by Lightspeed Venture Partners to scale its cloud data platform

Lightspeed Venture Partners led the Series D round, which included participation from Battery Ventures, Sapphire Ventures, Scale Venture Partners, and Silicon Valley Bank UK Branch.

£72.2MSeries D+

Matillion provides data productivity software that helps enterprises load, transform, and orchestrate data for analytics and artificial intelligence. Thousands of organisations rely on its platform to accelerate time to value from cloud data.

Matillion has secured £72.2m in Series D funding to accelerate global adoption of its cloud data integration platform. Lightspeed Venture Partners led the round, with additional backing from Battery Ventures, Sapphire Ventures, Scale Venture Partners, and financing from Silicon Valley Bank UK Branch. The capital will support the company as it responds to rising enterprise demand for cloud-native data tools.

Operating across the UK and the United States, Matillion provides low-code and no-code solutions that integrate with platforms like Snowflake, Amazon Redshift, and Databricks. The company counts major organisations such as Amazon, Siemens, and Slack among its enterprise user base.

From the founder

"Modern data teams are facing an influx of data from across the enterprise, while under immense pressure to rapidly deliver the actionable insights required to compete in today's digital economy,"

Matthew Scullion

CEO and Co-founder at Matillion

Investor perspective

"Matillion has emerged as a preferred choice for enterprise cloud ETL and ELT solutions. While legacy providers are failing in a cloud-first world, Matillion has accelerated the broader enterprise cloud migration trend and redefined the standard for modern data integration and transformation,"