Atlan, a data democratisation company, has announced that it has raised $16 million in its Series A funding round. The round was led by Insight Partners and saw participation from former CEO of Snowflake – Bob Muglia, Founders of Stitch – Bob Moore and Jake Stein, Founder of Safegraph and Liveramp – Auren Hoffman, and COO of Notion – Akshay Kothari.
The round also saw participation from existing investors Waterbridge Ventures and Sequoia Capital India’s Surge.
The startup wants to utilize the fresh funds raised to strengthen its current team and to scale up its engineering, product and marketing India teams. The platform is also aiming to double its workforce in 2021.
“Atlan is the first company that has brought a truly collaborative approach like Figma did to design teams, or Github did for engineering teams to the modern data stack,” said Teddie Wardi, Managing Director at Insight Partners.
Joining Atlan’s board of directors, he further said, “As the modern data stack becomes mainstream, a collaborative layer that acts as a glue across a variety of tools like Snowflake, Databricks, BI tools, and AI/ML applications, is becoming a necessity.”
Prukalpa Sankar, Co-founder – Atlan, added, “Today, data assets are not just tables, but code, models, BI dashboards, and pipelines. At Atlan, we are reimagining the human experience with data — why can’t data assets be shared as easily as sharing a link on Google Docs, or if Google Analytics can tell you the usage on a website, why can’t we do the same for our data?”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.