Intel Capital led a $40m round for the data management software provider while Dell Technologies Capital and Citi Ventures also invested.

Immuta, the US-based developer of an automated data governance platform, attracted $40m on Tuesday in a series C round led by Intel Capital, the corporate venture capital arm of semiconductor producer Intel.

Citi Ventures and Dell Technologies Capital, respective subsidiaries of financial services firm Citi and computer manufacturer Dell, also took part in the round, as did DFJ Growth, Ten Eleven Ventures, Greycroft and Drive Capital.

Founded in 2005, Immuta has built an artificial intelligence-powered software platform to analyse customer…

Thierry Heles

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