Atlan Raises $105M in Series C Led by GIC, Meritech; Total Funding Reaches $206M

May 8, 2024, 01:00 PM

Atlan, a data collaboration software firm, has successfully raised $105 million in a Series C funding round. This investment round was led by Singapore's sovereign wealth fund GIC and U.S.-based venture investor Meritech Capital. The funding has nearly doubled Atlan's valuation to $750 million and brought its total funding to $206 million. The company has seen significant growth since its last funding round in late 2021, scaling its annual recurring revenue (ARR) by 10 times and securing its position as a leader in its category. Other investors include SalesforceVC, PeakXVPartners, InsightPartners, and WBridgeVentures.