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UNQUOTE
  • Expansion

Consortium backs $112.5m round for Collibra

  • Harriet Matthews
  • Harriet Matthews
  • 03 April 2020
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Iconiq Capital, Index Ventures and Durable Capital Partners have led a $112.5m funding round for Belgium-based data management and analytics software developer Collibra.

Durable Capital joined the round as a new investor, while Iconiq and Index have previously backed the company.

Also participating in the round were existing investors Battery Ventures, CapitalG and Dawn Capital.

The funding round values Collibra at $2.3bn post-money. Its previous funding round in January 2019 valued the company at $1bn.

Previous funding
Brustat and Bi3 backed a seed round of €1.2m in 2009. Both investors also took part in a €1m series-A funding round in 2012, joined by new investor Newion Investments.

Index Ventures and Dawn Capital joined Collibra's investor base via a $23m series-B round in 2015.

Iconiq led a $50m round for Collibra in 2017, which was also backed Index, Dawn, Newion, and new investor Battery.

Battery and Iconiq led a $58m round in 2018, joined by existing investors Dawn, Index and Newion.

In January 2019, CapitalG led a $100m series-E round for Collibra as a new investor, with backing from Iconic, Index, Dawn and Battery.

Company
Founded in 2008, Collibra provides data management and analysis software for companies, with focused offerings for financial services, governments and public services. Its client base comprises 450 companies and includes Adobe and Axa Insurance, according to its website. Based in Brussels, it employs 681 people, according to LinkedIn, and also has offices in the US, Australia, Belgium, France, the UK and Poland.

People
Collibra
– Felix Van de Maele (co-founder, CEO).
Durable Capital Partners – Henry Ellenbogen (founder, chief investment officer).
Iconiq Capital – Matt Jacobson (general partner).
Index Ventures – Jan Hammer (partner).

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