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Venture Capital News: Coalesce Scoops Up $50M Series B Round

2024-04-04
SAN FRANCISCO, CA, Coalesce.io, the data transformation company, today announced that it has closed $50 million in Series B funding to drive growth and platform innovation.
Industry Ventures and Emergence Capital led the round with participation from 11.2 Capital, Bob Muglia, DNX Ventures, GreatPoint Ventures, Hyperlink Ventures, Next Legacy Partners, Snowflake Ventures, and Telstra Ventures, bringing the company's total funding to $81 million.

Coalesce revolutionizes data transformations for scalable data innovation. Recognizing data transformation's critical role in the analytics lifecycle, Coalesce has created a solution that automates most SQL coding without sacrificing flexibility. Their platform boosts data team efficiency tenfold, allowing faster data pipeline development and management while empowering organizations to concentrate on extracting value and insights from their data.
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