Discover how companies are responsibly integrating AI in production. This invite-only event in SF will explore the intersection of technology and business. Find out how you can attend here.
Today, San Francisco-based Atlan, a startup working to bring some order to the “data chaos” that enterprises face, announced it has raised $105 million in a series C round of funding.
The investment takes the company’s valuation to more than $750 million. The funding has been led by Singapore’s sovereign wealth fund GIC and Meritech Capital, with participation from existing investors Salesforce Ventures and PeakXV Partners. Atlan said it will use the capital to further develop its product, which acts as a unified control plane to stitch disparate data infrastructure, right from data platforms like Databricks to CRMs such as Salesforce 360.
The company will also use some part of the funding to grow its footprint and meet the surging demand for data organization in the age of AI.
“Over the past year, boards have consistently asked CIOs and CDOs about their AI roadmaps, who have realized that the main hurdle isn’t AI models but the lack of AI-ready data—data enriched with business context, trust, and security. Atlan is addressing this by building the control plane for the data and AI stack, integrating trust and context into the digital fabric,” Prukalpa Sankar, co-founder of the company, said in a statement.
VB Event
The AI Impact Tour – San Francisco
Join us as we navigate the complexities of responsibly integrating AI in business at the next stop of VB’s AI Impact Tour in San Francisco. Don’t miss out on the chance to gain insights from industry experts, network with like-minded innovators, and explore the …
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Discover how companies are responsibly integrating AI in production. This invite-only event in SF will explore the intersection of technology and business. Find out how you can attend here.
Today, San Francisco-based Atlan, a startup working to bring some order to the “data chaos” that enterprises face, announced it has raised $105 million in a series C round of funding.
The investment takes the company’s valuation to more than $750 million. The funding has been led by Singapore’s sovereign wealth fund GIC and Meritech Capital, with participation from existing investors Salesforce Ventures and PeakXV Partners. Atlan said it will use the capital to further develop its product, which acts as a unified control plane to stitch disparate data infrastructure, right from data platforms like Databricks to CRMs such as Salesforce 360.
The company will also use some part of the funding to grow its footprint and meet the surging demand for data organization in the age of AI.
“Over the past year, boards have consistently asked CIOs and CDOs about their AI roadmaps, who have realized that the main hurdle isn’t AI models but the lack of AI-ready data—data enriched with business context, trust, and security. Atlan is addressing this by building the control plane for the data and AI stack, integrating trust and context into the digital fabric,” Prukalpa Sankar, co-founder of the company, said in a statement.
VB Event
The AI Impact Tour – San Francisco
Join us as we navigate the complexities of responsibly integrating AI in business at the next stop of VB’s AI Impact Tour in San Francisco. Don’t miss out on the chance to gain insights from industry experts, network with like-minded innovators, and explore the …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]