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 the enterprise data intelligence platform market. Its core offering empowers organizations to effectively discover, comprehend, and govern their vast data assets. By integrating AI-driven automation with human expertise, Alation centralizes metadata, facilitates natural language data search, enforces governance policies, and enables the creation of trusted data products. This comprehensive approach assists businesses in enhancing their analytics capabilities, accelerating decision-making processes, and cultivating a pervasive 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 Data Collective, Costanoa Venture Capital, General Catalyst, Bloomberg, and Andreessen Horowitz

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

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

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

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

Key Investors in Alation

Sapphire Ventures

Sapphire Ventures is a venture capital firm that invests in and provides services to technology companies, focusing on driving innovation and growth in the tech sector.

Icon Ventures

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

Salesforce Ventures

Salesforce Ventures is the corporate venture arm of Salesforce, investing in enterprise cloud companies that help customers transform their businesses and are building the next generation of enterprise technology.

What's next for Alation?

The recent major strategic investment in Alation signals a robust trajectory for the company, likely indicating a phase of accelerated scaling and product development. This capital infusion is expected to fuel further innovation in its AI-driven data intelligence platform, potentially expanding its market reach and enhancing its competitive edge. Alation's focus on enabling organizations to derive greater value from their data positions it well to capitalize on the growing need for sophisticated data governance and analytics solutions. Future developments may include deeper integrations with emerging data technologies and expanded offerings to support complex enterprise data ecosystems.

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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 Costanoa Ventures. 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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