10 Cool Tech Companies That Raised Funding In November 2021
Next-generation technology developers in cloud, application code and IoT security; data management and business analytics; and AI and healthcare IT were among the startup companies that reported new rounds of funding in November.
Headquarters: Redwood City, Calif.
CEO: Chris Hylen
Funding: The $120 million funding round increased Reltio’s total funding to $237 million and raised its value to approximately $1.7 billion.
Investors: The round was led by Brighton Park Capital with participation from existing investors Crosslink Capital, NewView Capital, RPS Ventures, Sapphire Ventures and .406 Ventures.
What company does: Reltio develops a Software-as-a-Service master data management platform and data integration hub.
CEO Quote: “This investment underscores the significance of the data management category in today’s digital data-driven environment and is validation of the larger market opportunity in front of us. Building on our rapid growth, this investment will further accelerate our path to deliver high-value data to customers and to become a world-class, Rule of 40+ SaaS company.”