Matillion secures strategic investment from Databricks Ventures
Databricks Ventures has backed Matillion to advance integrations within the lakehouse ecosystem.
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 an investment from Databricks Ventures to support technical integrations into the Databricks Lakehouse Platform. The funding underpins joint initiatives to improve data productivity for shared customers across healthcare, energy, and biosciences.
As long-term partners, the two companies connect data ingestion and transformation tools with open lakehouse architecture. The capital will enable further collaboration on cloud data workflows.
From the founder
"To unleash the full potential of their cloud data, teams need to achieve new levels of productivity with their data using open, scalable technology. With Matillion and Databricks, data teams can feel empowered to work quickly and flexibly to deliver data to the business,"
Matthew Scullion
CEO and Co-founder at Matillion
Investor perspective
"We welcome Matillion to the Databricks Ventures portfolio and look forward to deepening our partnership with their team,"
Andrew Ferguson
VP, Corporate Development & Ventures, Databricks Ventures
Use of funds
- 01Continue product development
- 02Fund research and development
Investors
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About the company
Matillion
Matillion offers a data productivity platform designed to prepare cloud data for analytics and artificial intelligence.