data.world, an Austin, Texas-based enterprise data catalog for the modern data stack, announced a $50 million in Series C financing, bringing data.world’s total raised to $132.2 million.
The round was led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs). Additional investors include Prologis Ventures, Shasta Ventures, Vopak Ventures, Sandbox Insurtech Ventures, Paul Albright, Rick Braddock, Zachary Karabell, Dave Liu, and Scott Stephenson.
The additional capital will accelerate data.world’s global expansion, talent acquisition, and product innovation to meet the growing market demand for its next-generation data catalog. data.world is hiring at an accelerated pace.
As part of the transaction, Mike Reilly, a vice president in the Growth Equity business within Goldman Sachs, has joined the data.world Board of Directors.
Company: data.world, Inc.
Raised: $50.0M
Round: Series C
Funding Month: April 2022
Lead Investors: Goldman Sachs Asset Management
Additional Investors: Prologis Ventures, Shasta Ventures, Vopak Ventures, Sandbox Insurtech Ventures, Paul Albright, Rick Braddock, Zachary Karabell, Dave Liu, and Scott Stephenson
Company Website: https://data.world/
Software Category: Enterprise Data Catalog
About the Company: data.world is the enterprise data catalog for the modern data stack. Its cloud-native SaaS (software-as-a-service) platform combines a consumer-grade user experience with a powerful knowledge graph to deliver enhanced data discovery, agile data governance, and actionable insights. data.world is a Certified B Corporation and public benefit corporation and home to the world’s largest collaborative open data community with more than 1.6 million members, including 90% of the Fortune 500. data.world has 48+ patents and has been named one of Austin’s Best Places to Work six years in a row.
Source: https://www.globenewswire.com/news-release/2022/04/05/2416759/0/en/data-world-announces-50M-Series-C-funding-led-by-Goldman-Sachs-Asset-Management.html