CapitalG returned for a late-stage round that pushed VUB spinout Collibra’s total funding beyond $345m and boosted its valuation to $2.3bn.
Collibra, a US-based data governance and catalogue software developer spun out of Vrije Universiteit Brussel, picked up more than $112m in funding yesterday from investors including CapitalG, a growth-stage investment vehicle for internet and technology conglomerate Alphabet.
Multi-family office Iconiq Capital and venture capital firm Index Ventures co-led the round, which also featured Durable Capital Partners, Battery Ventures and Dawn Capital. It more than doubled Collibra’s valuation to $2.3bn.
Founded in 2008, Collibra has created cloud-based data intelligence software that allows employees to access contextualised data and collaborate on this data with colleagues.
The company’s products facilitate operational efficiency and cost reduction but are also aimed at business challenges such as data protection, compliance and risk mitigation. The round increased its total equity financing to just over $345m.
CapitalG led Collibra’s $100m series E round in January 2019, which included existing investors Iconiq Capital, Index…
Thierry Heles
Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
