The data management software producer was valued at $1.2bn in a round that included Snowflake Ventures, Salesforce Ventures and Dell Technologies Capital.
Data analysis software provider Snowflake, enterprise software producer Salesforce and computing technology provider Dell took part in a $110m series D round for US-based data management software developer Alation yesterday.
Private equity firm Riverwood Capital led the round, which included Sanabil Investments, an investment firm owned by the Saudi Arabian state’s Public Investments Fund, as well as Costanoa Ventures, Icon Ventures, Sapphire Ventures and Union Grove Partners.
The round valued the company at $1.2bn and Snowflake, Salesforce and Dell participated…
