US-based data preparation software producer Trifacta received $48m yesterday in a financing round featuring corporate investors Deutsche Börse, Ericsson, Google and New York Life.

Exchange operator Deutsche Börse, communications equipment maker Ericsson, internet technology provider Google and insurance firm New York Life were joined by Columbia Pacific, Accel, Cathay Innovation, Greylock Partners, Ignition Partners and Ridge Ventures.

Founded in 2012, Trifacta has developed a data wrangling platform that utilises machine learning to help users organise and prepare diverse and complex…