Atlan Secures $105 Million in Series C

by Kay Aloha Villamor in May 9th, 2024

Atlan, a Singapore-based data infrastructure company, has secured $105 million in  Series C funding, bringing its total funding to over $206 million.  

Investors  

The round was led by GIC and Meritech Capital Partners. Existing investors Salesforce Ventures and Peak XV Partners also participated, alongside contributions from Insight Partners and Waterbridge Ventures.  

GIC Private Limited is a Singaporean sovereign wealth fund that manages the country's foreign reserves. Established by the Government of Singapore in 1981, GIC invests internationally in developed market equities, emerging market equities, nominal bonds and cash, inflation-linked bonds, private equity, and real estate. GIC has investments in over 40 countries around the world.  

Meritech Capital Partners is a venture firm company focused on late-stage and growth-stage investments in information technology companies with a focus on consumer Internet and media, software and services, enterprise infrastructure, and medical devices.   

About Atlan  

Founded in 2020 by Prukalpa Sankar and Varun Banka, Atlan is an active metadata platform for modern data teams, that helps them discover, understand, trust, and collaborate on data assets. The company offers a unified experience for data discovery, cataloging, lineage, and governance, enabling teams to understand, trust, and collaborate on their data assets. Atlan primarily caters to enterprise clients, including Cisco, Autodesk, Unilever, Ralph Lauren, Nasdaq, Plaid, and HubSpot.   

Funding Details  

Company: Atlan Pte. Ltd.  

Raised: $10.0M  

Round: Series A  

Funding Month: May 2024  

Lead Investors: GIC, Meritech Capital Partners  

Additional Investors: Salesforce Ventures, Peak XV Partners, Insight Partners, Waterbridge Ventures  

Company Website: https://atlan.com/   

Software Category: Data Collaboration  

Source: https://startupstorymedia.com/insights-atlan-raises-105m-in-series-c-funding-led-by-gic-and-meritech-capital/  

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