Trifacta Announces $35M In Funding For Its Data Wrangling Software

Trifacta today announced the finalization of $35M in funding from Accel Partners, Greylock Partners, Ignition Partners and new investor Cathay Innovation. The funding will be used to support the company’s explosive growth by scaling operations and accelerating product innovation. The funding raise comes head on the heels of a remarkable year for Trifacta marked by an increase in sales of 700% and the addition of users at 3000 companies spanning 105 countries around the world. 2015 represented a watershed year for Trifacta, whose data wrangling software enables users to prepare and explore large datasets for analytics and data visualization. In a data landscape featuring an abundance of applications that focus on data analytics and visualization, Trifacta’s data wrangling software differentiates by empowering business users to cleanse, normalize and standardize data for more advanced analytics. Moreover, Trifacta delivers data integration functionality automates and streamlines the ability to explore and analyze data from disparate sources featuring discrepant column headers and identifiers. Expect Trifacta to continue building on its brisk 2015 momentum as it continues to innovate on its data wrangling, data exploration and data discovery platform while pushing into new markets and expanding its presence in existing ones. The addition of Cathay Innovation to the company’s roster of investors sets the stage for new business execution and growth in France and China given that the fund is based in Paris and Shanghai. Today’s capital raise brings the total funding raised by Trifacta to $76M.

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