CapitalG leads $100m series-E round for Collibra

Other participants in the round included existing investors Iconiq Capital, Index Ventures, Dawn Capital and Battery Ventures. This is the first round for Collibra in which CapitalG – Alphabet's growth equity investment fund – has participated.

The fresh capital will go towards funding the expansion of the product portfolio and accelerating growth across the business. The firm also plans to extend its artificial intelligence and machine-learning capabilities.

The company has disclosed that it had its highest annual turnover in 2018, with an 80% increase in recurring revenue. The company has been given a post-money valuation of $1bn.

Previous funding
Brustat and Bi3 joined in a seed funding round of €1.2m for the Brussels-based company in 2009. Newion Investments then led a €1m series-A funding round in 2012, joined by the existing investors.

Index and Dawn first backed the business in a $23m series-B round.

Iconiq led a $50m round in 2017, joined by Index, Dawn, Newion, and Battery. Battery and Iconiq led a $58m round 12 months later, joined by the three existing investors.

This series-E round brings Collibra's total fundraising to a sum of $233m.

Company
Founded in 2008 and headquartered in Brussels, Collibra builds cloud-based, data governance software. It also offers events and webinars on data stewardship. It employs a staff of 450.

Collibra counts NetApp, EMC, Capital One and Independence (Blue Cross Blue Shield) as customers.

People
CapitalG – Derek Zanutto (principal).
Collibra – Felix Van de Maele (CEO, co-founder).

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• Topics
• Expansion
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• Benelux
• Battery Ventures
• Dawn Capital
• Index Ventures
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