Advised Matillion, a provider of cloud-native data integration tools, on its growth investment by Sapphire Ventures and Scale Venture Partners
Mar 2018
growth investment by
  • Sector: Infrastructure Software & Cybersecurity
  • Deal Type: Private and Growth Capital; Founder-led Businesses
  • Engagement type: Fundraise
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Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Matillion Limited in securing a $20 million growth financing round. Investors in the round include Sapphire Ventures and Scale Venture Partners, as well as existing investor YFM Equity Partners.

Matillion is a developer of cloud data integration tools. Matillion ETL for Amazon Redshift, Snowflake and Google BigQuery are leading data integration tools for cloud based analytical databases and have been built from the ground up to be cloud native.

The company serves over 250 customers, including global corporates, such as GE, Siemens, Citrix and Accenture, as well as high growth, data-centric companies like Vistaprint, Zapier, DocuSign and Upside Travel, across 30 countries through offices in Manchester (UK) and New York (USA).

This transaction highlights Arma Partners’ deep expertise in infrastructure software, proven capabilities in executing substantial growth financings, global investor reach and track record of advising our clients on landmark cross-border deals.

-Founded in 2011 in the UK, Matillion develops and provides cloud data integration solutions via enterprise ready, scalable and powerful ETL architecture

-Matillion ETL for Amazon Redshift makes loading and transforming data on Amazon Redshift fast, easy, and affordable

-Matillion achieved an impressive traction and grew their revenues by over 200% on average in the last 3 years

-Matillion has offices in Manchester (United Kingdom) and New York (United States) and delivers its solutions to a portfolio of Fortune 500 and mid-sized tech enterprises

-The round was led by Sapphire Ventures and Scale Venture Partners, who came in as new shareholders, alongside existing investors YFM

-Sapphire Ventures

  • Sapphire Ventures is a venture capital firm focused on helping innovative technology companies scale rapidly to become global category leaders
  • With $2.5 billion under management via direct growth investments and early-stage fund investments, Sapphire Ventures is positioned to elevate companies to the global stage

-Scale Venture Partners

  • Founded in 2000, ScaleVP has over $1bn under management and is located in Silicon Valley
  • Invest in software companies that are transforming the future of work, with a total of 39 exits
  • Investments include: Box (BOX), Chef, Cloudhealth, DataStax, Demandbase, DocuSign, ExactTarget (ET), HubSpot (HUBS), JFrog, Lever, and WalkMe
  • ScaleVP partners with entrepreneurs to support accelerated growth from the first customer to market leadership

-The new investment will allow Matillion to strengthen its international growth and further invest in R&D to develop its platform with regards to technology and scalability

-In addition, it will assist Matillion in strengthening relationships with current clients and get access to a broader base of customers

-The financing will assist Matillion to become the largest player in the ETL infrastructure software market

-Arma was engaged by the Board of Directors of Matillion to identify the most motivated and qualified financial sponsors for the company

-Arma worked extensively with Matillion’s management team to articulate the company’s growth strategy and architect its financial plan

-Arma subsequently worked through an extensive negotiation phase to help structure and complete the transaction on behalf of the Board

-This transaction highlights Arma Partners’ deep expertise in infrastructure software, proven capabilities in executing substantial growth financings, global investor reach and track record of advising our clients on landmark cross-border deals