How Much Did Alation Raise?
Funding & Key Investors

Alation, a prominent player in the enterprise data intelligence sector, has secured substantial capital, with its total funding reaching $315M. The company recently announced a significant strategic investment of $123M, underscoring its continued growth and market traction. This latest financing round highlights the increasing demand for advanced data discovery, understanding, and governance solutions in today's data-intensive business landscape.

What is Alation?

Alation
SoftwareBusiness Intelligence (BI) SoftwareDatabase & File Management Software

Alation is an American software company that has established itself as a leader in providing an enterprise data intelligence platform. Its core offering empowers organizations to effectively discover, comprehend, and govern their data assets. By integrating AI-driven automation with human expertise, Alation's solutions centralize metadata, facilitate natural-language data search, enforce governance policies, and enable the creation of trusted data products. This comprehensive approach assists businesses in enhancing their analytics capabilities, accelerating decision-making processes, and cultivating a robust data-driven culture across all operational departments.

How much funding has Alation raised?

Alation has raised a total of $315M across 5 funding rounds:

2015

Series A

$9M

2017

Series B

$23M

2019

Series C

$50M

2021

Series D

$110M

2022

Series E

$123M

Series A (2015): $9M with participation from General Catalyst, Costanoa Venture Capital, Bloomberg, Andreessen Horowitz, and Data Collective

Series B (2017): $23M led by Data Collective, Costanoa Ventures, Icon Ventures, and Harmony Group Capital

Series C (2019): $50M supported by Icon Ventures, Salesforce Ventures, Sapphire Ventures, Costanoa Ventures, Harmony Group Capital, and Data Collective

Series D (2021): $110M featuring Sanabil Investments, Costanoa Ventures, Union Grove Venture Partners, Icon Ventures, Snowflake Ventures, Salesforce Ventures, Sapphire Ventures, Riverwood Capital, and Dell Technologies Capital

Series E (2022): $123M backed by Sanabil Investments, Thoma Bravo, Databricks, and Costanoa Ventures

Key Investors in Alation

Data Collective

Data Collective is a venture capital firm focused on building and supporting technology that aids in finding, understanding, and sharing data, thereby advancing knowledge and education. They aim to make complex data more accessible and understandable for citizens.

Costanoa Ventures

Costanoa Ventures is a venture capital firm that partners with founders to tackle significant challenges in building companies, offering long-term support and operational expertise, particularly in enterprise software.

Icon Ventures

Icon Ventures is an early-stage venture capital fund specializing in AI-native and AI-powered companies, providing capital and deep expertise to help build transformative businesses.

What's next for Alation?

The substantial enterprise-level funding Alation has garnered, culminating in its recent major strategic investment, positions the company for accelerated expansion and innovation. This infusion of capital is likely to fuel further development of its AI-driven data intelligence platform, potentially expanding its market reach into new verticals and geographies. Strategic investments of this magnitude often signal a company's readiness to scale operations, enhance its product suite, and solidify its competitive advantage in the rapidly evolving data management and analytics market. Alation is poised to continue its trajectory as a key enabler of data-driven transformation for enterprises worldwide.

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Frequently Asked Questions Regarding Alation Financial Insights

What are the most recent funding rounds that Alation has completed, and what were the funding rounds?
Alation has recently completed 3 funding rounds: Series E on Nov 2, 2022, Series D on Jun 3, 2021, Series C on Jan 17, 2019.
What is the total amount of funding Alation has raised to date?
Alation has raised a total of $315M in funding to date.
How many funding rounds has Alation completed?
Alation has completed 3 funding rounds.
How much funding did Alation raise in its most recent funding round?
Alation raised $123M in its most recent funding round.
Who are the lead investors in Alation's latest funding round?
The lead investor in Alation's latest funding round was Sanabil Investments. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Alation's history?
The largest funding round in Alation's history was $123M.
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