CapitalG returned for a late-stage round that pushed Collibra’s total funding beyond $345m and boosted its valuation to $2.3bn.

US-based data governance and catalogue software developer Collibra 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.

Spun out of Vrije Universiteit Brussel in 2008, Collibra has created cloud-based data intelligence software that allows employees…

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Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.