Data Cleaning Startup Trifacta Raises $100 Million In Funding

Data Cleaning Startup Trifacta Raises $100 Million In Funding

by Vijay Kumar

Trifacta, a provider of AI-enabled data wrangling software platform, secured $100 million in a funding round.

This round of funding was new investors Telstra Ventures, Energy Impact Partners, NTT DOCOMO Ventures, BMW iVentures, and ABN AMRO Digital Impact Fund, with additional investment from existing investors, including Accel Partners, Cathay Innovation, Google, Greylock Partners, Ignition Partners, and Infosys.

The latest round of funding will fuel adoption of Trifacta’s industry-leading data wrangling platform – which provides a modern, self-service approach to cleaning and preparing data. And the investment will also accelerate the company’s continued expansion into new geographies, new verticals, and product areas. 

According to the company, more than 10,000 organizations around the world, such as IQVIA, Visa, Autodesk, Kaiser Permanente, BNSF, PepsiCo, Stanley Black & Decker, Franklin Templeton, Sumitomo Banking Corporation, New York Life and The Commonwealth Bank of Australia, rely on Trifacta to democratize data wrangling.

Founded in 2012, Trifacta has raised over $220 million to date, including a $48 million financing round in 2018.

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