Reltio, a Redwood Shores, CA-based that offers a software-as-a-service (SaaS) data platform for businesses, secured $120 million in funding. To date, Reltio has raised $237 million in total funding and is valued at approximately $1.7 billion.
The round was led by investment firm Brighton Park Capital, with participation from existing investors Crosslink Capital, NewView Capital, RPS Ventures, Sapphire Ventures, and .406 Ventures.
The new capital will help to fuel Reltio’s growth strategies, expand the global go-to-market, and further scale the company’s efforts to deliver industry-leading products.
Company: Reltio, Inc.
Round: Series E
Funding Month: November 2021
Lead Investors: Brighton Park Capital
Additional Investors: Crosslink Capital, NewView Capital, RPS Ventures, Sapphire Ventures, and .406 Ventures
Company Website: https://www.reltio.com/
Software Category: software-as-a-service (SaaS) data platform for businesses
About the Company: Reltio is the only company that provides a cloud-native multi-tenant, multi-domain MDM platform which delivers real-time data at scale. The Reltio Connected Data Platform provides agility, scale, simplicity, security, and performance unmatched by competitors. Reltio’s API-first approach eases configuration and integration with downstream applications for developers. Reltio added 18 new enterprise customers in the most recent fiscal year, and more than 25 of its customers have a $1 million or greater annual contract value. Reltio serves companies of all sizes, including 14 of the Fortune 100, and customers such as Pfizer, L’Oréal, Xerox, CarMax, Takeda, and AstraZeneca all of which rely on the Reltio platform to deliver a single source of trusted data and information.