Cloud data warehouse startup Matillion lands $35 million Series C led by Battery Ventures to fuel continued rapid expansion and accelerate growth

Matillion, a startup that provides data transformation for cloud data warehouses, has secured $35 million in Series C funding to deliver accelerated growth, and extend the capabilities of its flagship product line. The round was led by Battery Ventures and returning investors Sapphire Ventures and Scale Venture Partners.

Founded in 2011 by Matthew Scullion, the Manchester, United Kingdom-based Matillion is a software company that offers purpose-built, native ELT solutions for for Amazon Redshift, Snowflake, and Google BigQuery enabling businesses to achieve new levels of simplicity, speed, scale, and savings. Its products are designed and developed for fast-growing, tech-savvy, and intelligence- and data- driven companies that are leveraging the cloud to gain insights.

Matillion is fundamentally changing data integration enabling our customers to innovate at the speed of business, with cloud-native data integration technology that solves individuals’ and enterprises’ top business challenges. Matillion’s software is used and trusted by more than 550 customers across 40 countries, including global companies like Bose, GE, Siemens, Fox and Accenture, as well as high growth, data-centric companies like Vistaprint, Splunk, and Zapier.

“It’s our view that every company in the world needs to compete using data,” said Matthew Scullion, CEO at Matillion. “And most of the time they’ll do this in the cloud. Only the cloud offers the speed, agility, power, and economics to cope with this demand for data insights, and to manage the exponentially growing data volumes and complexities that we work with today. As the leader in purpose-built data transformation software for cloud data warehouses, Matillion is perfectly positioned to help our customers compete and win using data. That’s why we’re so excited to raise this round, partner with the great team at Battery Ventures, and to once again accelerate our business and the development of our current and future products.”

“Matillion has built an innovative, cloud-native, data-middleware product from the ground up, and the company partners with some of the fastest-growing cloud-data warehousing platforms that enterprises are deploying today,” said Dharmesh Thakker, general partner at Battery Ventures. “Battery is focused on such cloud-first businesses worldwide – including in Europe – as enterprise IT shifts to the cloud, and the ability to analyze data underpins the digital-transformation process at all companies. We’re excited to partner with Matthew and the Matillion team to help drive the next phase of the company’s global growth.”

“Matillion has established itself as an essential component to the modern enterprise’s data analytics tech stack,” said Denise Persson, CMO at Snowflake. “Our shared focus on innovation has made us great partners, and this latest investment reinforces Matillion’s leadership in cloud-native solutions for data transformation. We’re excited to see them continue their growth trajectory as they advance their industry-leading technology to serve our joint customers.”

Matillion’s software empowers customers to extract data from a wide number of sources, load it into their chosen cloud data warehouse, and transform that data from its siloed source state, into useful, joined together, analytics-ready data – ready to be consumed in analytics, machine learning and artificial intelligence use cases. Purpose-built for the cloud, Matillion does this at scale, delivering fast time to value, high performance with pay-as-you-drink economics – simplicity, speed, scale, and savings.