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Atlan scores $105M to address enterprise ‘data chaos’ with a unified control plane

May 08, 2024 - venturebeat.com
San Francisco-based startup Atlan has raised $105 million in a series C funding round, led by Singapore’s sovereign wealth fund GIC and Meritech Capital, with participation from Salesforce Ventures and PeakXV Partners. The company, which aims to bring order to the "data chaos" faced by enterprises, will use the funds to further develop its product and expand its footprint. Atlan's product acts as a unified control plane to integrate disparate data infrastructure, from data platforms like Databricks to CRMs such as Salesforce 360.

Atlan's platform stitches all data in one place, providing a clear picture of data assets with relevant context and collaboration options. The company has seen significant growth in recent years, with revenues increasing more than sevenfold over the last two years. Major customers include Cisco, Autodesk, Unilever, Ralph Lauren, FOX, News Corp, Nasdaq, NextGen, Plaid, and HubSpot. The company claims its platform can reduce the time spent by data practitioners on finding and understanding data by up to 95%.

Key takeaways:

  • San Francisco-based startup Atlan has raised $105 million in a series C round of funding, led by Singapore’s sovereign wealth fund GIC and Meritech Capital, taking the company’s valuation to over $750 million.
  • Atlan's product acts as a unified control plane to organize disparate data infrastructure, from data platforms like Databricks to CRMs such as Salesforce 360.
  • Atlan has seen significant growth in recent years, with revenues increasing more than seven times over the last two years and major customers including Cisco, Autodesk, Unilever, and Ralph Lauren.
  • The company claims its platform can reduce the time spent by data practitioners on finding and understanding data by as much as 95%, and it plans to use the funding to further develop its product and expand operations.
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