Altrincham company secures $100m funding boost

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A tech company founded by a former Altrincham Grammar pupil has secured $100m in funding.

Matillion, which is based in Station House in Altrincham town centre, was co-founded in 2011 by CEO Matthew Scullion (pictured), alongside chief technology officer Ed Thompson and commercial director Peter McCord.

The latest round of funding, which means the company has now secured $160m in funding overall, was led by Lightspeed Venture Partners and joined by Battery Ventures, Sapphire Ventures, Scale Venture Partners and Silicon Valley Bank Capital.

Matillion supplies cloud data integration services for global companies including Amazon, Siemens, Subway, Novartis, Slack and Accenture.

Scullion explained: “Simply put, Matillion makes data useful. Matillion accelerates the value of today’s cloud data platforms, ensuring that data teams can work smarter and faster.

“We look forward to our next phase of growth, as we empower more enterprise customers with efficient, affordable and flexible solutions that turn data into their most strategic asset.”

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