Collibra, a software company that helps big organizations -- from banks to manufacturing firms to healthcare providers -- keep tabs on their data, has received $50 million from venture capital firms to fund its expansion, the company said Wednesday.
ICONIQ Capital, the Silicon Valley venture capital firm that counts Facebook Inc. founder and Chief Executive Officer Mark Zuckerberg, Twitter Inc. co-founder and CEO Jack Dorsey, and LinkedIn Corp.’s co-founder Reid Hoffman, among its investors, led the funding round. Battery Ventures, Dawn Capital, Index Ventures and Newion Investments also participated in the round. Matt Jacobson, an ICONIQ general partner, will join Collibra’s board, the company said.
Founded in Brussels in 2008, Collibra, which is now headquartered in New York, helps firms track where data they are using came from and who within the organization is using that information.Read Complete Article