Atlan raises $16 million in Series A Funding
Atlan, one of the collaboration platforms, has raised $16 million in a Series A funding round led by global investor Insight Partners.
A number of high-profile angel investors also participated in the round, including Bob Muglia, former CEO of Snowflake, Bob Moore and Jake Stein, founders of Stitch, Auren Hoffman, founder of Safegraph and Liveramp, and Akshay Kothari, COO of Notion.
Active investors Sequoia Capital India’s Surge and Waterbridge Ventures also participated in the round.
As part of the round, Insight managing director Teddie Wardi will join Atlan’s board of directors. Atlan campaign to use the funding to enlarge its present team to reinforce its product, engineering, and marketing teams in India and is setting up to twice its team potency in 2021.
Atlan’s data collaboration stand creates an integrated detection and partnership experience across the whole modern data stack. A 16X growth in the last two quarters, and is now used by teams’ at large enterprises like Unilever as well as high growth startups like Postman and Delhivery. The startup has raised around 21 million till date.
Prukalpa Sankar, co-founder of Atlan, states, “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 used on a website, why can’t we do the same for our data?."
Varun Banka, the co-founder of Atlan, states, "We will be investing heavily in growing our product & engineering team in India and take great pride in pioneering a new wave of companies in India that are building world-class products, from India for the rest of the world.”