The platform scales up the entire process with other platforms such as Databricks, Amazon Redshift, and Snowflake, by ensuring the delivery of capable and convenient zero-code or low-code options for professionals. The cloud-native Matillion platform helps enterprises to change raw data into analytics-ready and refined information that can back intelligence, artificial intelligence, visualization, machine learning and other objectives. Recent reports have highlighted how data divisions at companies almost spend 50% of their time preparing information for analytics purposes. Matillion helps in solving a major issue for enterprises, empowering them to surmount issues in innovating with the help of data and tapping the same for swiftly unearthing necessary insights. The funding will drive the growth of the company as it caters to the increasing demand for the integration of cloud-based data for organizations like Siemens, Amazon, Slack, Novartis, Subway, and Accenture as per partnersbrienventurebeat. The round was mainly driven by Lightspeed Venture Partners with other participants including Sapphire Ventures, Battery Ventures, and Scale Venture Partners along with funding raised from the UK Branch of the Silicon Valley Bank. Noted platform for integrating cloud-based data, Matillion, confirmed its Series D funding round of $100 million.
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