Ignition Partners, the Seattle-based venture capital firm known for its enterprise technology investments, rejoined Accel Partners and Greylock Partners and new investor Cathay Innovation to invest $35 million into Trifacta, a San Francisco-based company that specializes in self-service “data wrangling.”
Trifacta’s service allows customers to clean up and combine data in different formats so that it can be easily manipulated and usefully compared. Its clients include major brands such as Pfizer, LinkedIn, PepsiCo, Citco, GoPro, and Proctor & Gamble, according to the company’s website.
The new $35 million in growth-stage funding will bring Trifacta’s total amount raised to more than $76.3 million. The company will use its new cash to expand globally and to drive innovation in its products, Fortune reported.
Currently, Trifacta serves more than 3,000 companies in 105 different countries, but it hopes to further expand its international reach, CEO Adam Wilson wrote on the company blog. At the same time, Trifacta wants to continue large-scale implementation of its solutions with its base of enterprise customers.
“Trifacta has created the way organizations are unlocking the value of their diverse, complex data by empowering non-technical users to discover, cleanse and blend information themselves,” said Frank Artale, managing partner at Ignition Partners, in an interview with Yahoo Finance. “We’re excited about the tremendous momentum Trifacta has built today and are looking forward to accelerating that success in Europe and Asia with the help of Cathay Innovation.”
