Trifacta Raises $25M For Big Data Transformation Platform That Enhances Analyst Productivity

Trifacta, the data transformation company, today announced the finalization of $25M in Series C funding. The funding round was led by a new investor, Ignition Partners, with additional participation from existing investors Greylock Partners and Accel Partners. As a result of the investment, Frank Artale, Managing Director of Ignition Partners, will join the Trifacta board of directors. The Trifacta Data Transformation Platform enhances the productivity of data analysts and scientists by transforming Big Data into a structure that renders it easier to analyze, visualize and manipulate. The Trifacta platform’s predictive interaction technology allows users to visualize Big Data, interact with different data visualizations and take advantage of machine-learning based predictions regarding data transformations and analytics of interest. The platform aims to deliver transparency regarding the data in question, agility with respect to the user’s ability to interact with Big Data, predictive intelligence based on machine learning about the efficacy of user interactions with data and scalability marked by the ability to interact with large, heterogeneous datasets. As told to Cloud Computing Today by Trifacta CEO Joe Hellerstein, Trifacta customers can take advantage of the platform’s ability to cleanse and organize Big Data in conjunction with other enterprise software platforms such as SAS, for example. That said, Trifacta itself offers its own universe of tools for facilitating insights with respect to Big Data and, unlike many business intelligence or analytics platforms, is designed specifically for the purpose of transformation, data discovery and visualization of massive datasets. Today’s announcement about Trifacta’s Series C funding comes hot on the heels of a March 2014 partnership with Cloudera to jointly deliver the Trifacta Data Transformation platform in conjunction with Cloudera’s Hadoop distribution. To date, Trifacta has raised a total of approximately $45M in funding. Given partnerships such as Cloudera in hand, and $25M in Series C funding that comes roughly 6 months after its Series B capital raise of $12M, the industry should expect Trifacta’s traction amongst Big Data customers to skyrocket as news about its ability to transform Big Data into a usable form that accelerates the development of actionable business intelligence proliferates.

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