Sequoia’s Surge joins $16m round of data collaboration workspace firm Atlan

India-based Atlan, a startup that offers collaboration workspaces for data and tech teams, has raised US$16 million to further develop its product and invest in go-to-market strategies.

More funding details

• Lead investor: Insight Partners
• Existing investors: Sequoia Capital India’s Surge and Waterbridge Ventures
• Other investors: Bob Muglia, former CEO of Snowflake; Bob Moore and Jake Stein, founders of Stitch; Auren Hoffman, founder of Safegraph and Liveramp; and Akshay Kothari, chief operating officer of Notion
• Stage: Series A

More company updates

• Atlan also plans to use the new capital to invest “heavily” into growing its product and engineering team in India, co-founder Varun Banka said in a statement. The company aims to double its team strength within the year.
• The investment comes after Atlan reported a 16x growth in users within the last six months.
• Since launching in 2019, the startup has signed up enterprises such as Unilever and startups like Postman and Delhivery as clients.
• Atlan offers a data collaboration workspace such as Github for engineering or Figma for design. It enables teams to create a single source for all their data assets and collaborate across the modern data stack through integrations with tools like Slack, Snowflake, Redshift, Looker, Sisense, and Tableau.
• In April 2020, Atlan took part in the third cohort of Surge, an accelerator program backed by Sequoia Capital that focuses on Southeast Asia and India.

For more coverage of the company, head here. You can also click on the link below to view key details about the company as well as its funding history.