Citi Ventures has made a strategic investment in Matillion, a corporate cloud data integration platform, adding to the company’s latest valuation of 1.5 billion USD.
Matillion provides components of the current enterprise data stack, combining data from customer platforms and cloud infrastructures to automate and orchestrate data management and analytics, allowing businesses to make better decisions faster.
In a statement, Citi Ventures said that their investment in Matillion emphasizes the need for rapid, cloud-native data integration as financial institutions face new and diverse data needs.
