- Data Intelligence company Collibra announced it raised $112.5 million at a post-money valuation of $2.3 billion
Data Intelligence company Collibra announced it raised $112.5 million at a post-money valuation of $2.3 billion. Including this round of funding, the company has raised a total of $345.5 million.
This round of funding was led by existing investors ICONIQ Capital and Index Ventures, and Durable Capital Partners LP. Durable is an investment firm founded in 2019 by former T. Rowe Price portfolio manager Henry Ellenbogen — which participated as a Collibra investor for the first time. Existing investors Battery Ventures, CapitalG, and Dawn Capital also joined the round.
Collibra’s suite of products helps organizations address a range of business challenges, including data privacy and protection, compliance and risk mitigation, operational efficiency and cost reduction. And with this round of funding, Collibra is committed to enabling Data Intelligence and helping its 450 customers improve the quality of business decisions driven by data.
Key Quotes:
“We are passionate about helping companies better understand, trust and benefit from their data. Collibra is dedicated to helping organizations drive data collaboration across teams, and by partnering with our new and existing investors we further strengthen our position – and the position of our customers – to unlock the value of enterprise data.”
-Felix Van de Maele, co-founder and CEO for Collibra
“Durable Capital Partners invests in innovative companies that have significant potential to shape growing industries and build larger companies. We believe Collibra is a leader in the Data Intelligence category, a space that could have a tremendous impact on global business operations and a space that we expect will continue to grow as data becomes an increasingly critical asset.”
-Henry Ellenbogen, founder and chief investment officer for Durable Capital Partners LP
“We have a high degree of conviction in Collibra and the importance of the company’s mission to help organizations benefit from their data. There is an increasing urgency for enterprises to harness their data for strategic business decisions. Collibra empowers organizations to use their data to make critical business decisions, especially in uncertain business environments.”
-Matt Jacobson, general partner at ICONIQ Capital and Collibra board member
“We are proud to expand our long-term partnership with the Collibra team. Collibra has created an operating system for data that transforms how companies make decisions, giving users access to the data they need, and most importantly, data they can trust to make critical business decisions.”
-Jan Hammer, partner at Index Ventures and Collibra board member
