-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