Freshfields advises General Atlantic on its investment in Matillion
Freshfields has advised General Atlantic, a leading global growth equity investor, on its investment in Matillion, a UK headquartered cloud data integration platform, in a transaction which was part of a $150m funding round, valuing the company at $1.5bn.
The funding is Matillion’s second triple-digit round of 2021 and brings the total amount raised to $310m. The funding round was led by General Atlantic, with participation from Battery Ventures, Sapphire Ventures, Scale Venture Partners, and Lightspeed Venture Partners.
Matillion is a cloud-native data integration and transformation platform which provides large organisations with a data operating system that is purpose built for the enterprise and enables a broad spectrum of data users – from data scientists and engineers to marketers and business analysis – to make the data useful. Hundreds of large enterprises including Western Union, FOX, Sony, Slack, National Grid, Peet’s Coffee and Cisco use Matillion’s solutions to transform raw data into an analytics-ready asset.
The Freshfields team was led by partners Victoria Sigeti, May Smith and Giles Pratt with support from senior associate Ahmad Khokher, and associates Hannah Turton, Charles Wakeford and Philip Roberts.