Why Did Talend Raise $34 Million?

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Last week, Talend announced that it had completed a round of financing for $34 million.* This round was led by Silver Lake Sumeru, one of the most visible and largest investment firms in the IT sector the US.* To put things in perspective, Silver Lake Partners, the parent company, was the leading force in Skype’s buyout from eBay ($1.2b). Silver Lake manages $15 billion in assets.

Why did Silver Lake invest into Talend?* It’s simple: because we have proven our ability to deliver, consistently, and to contribute to a market shift.* Looks at where the data integration market was 5 years ago, and where it is today.* I am pretty proud of what we have contributed to: democratization of the market.* Silver Lake trusts that we will be able to apply the same model to similar markets – and application integration is one of them.

What will we do with these $34m?* Part of it has been used to acquire Sopera.* Another part will be used to invest heavily in the deployment of our new application integration division.* And then… for further acquisitions!

Why did we choose Silver Lake as a financial partner?* Because they have a vision for Talend, and we are aligned with this vision.* They want to help us become a global player in the open source space.* The Sopera acquisition already puts us in a good spot – we are today one of the top five open source vendors.* But we won’t stop here.

Bertrand




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