California-based, Altan, a data company that uses AI governance raised $105 million led by GIC (Singapore’s sovereign wealth fund) in a Series C.
Meritech Capital, PeakXV Partners, and Salesforce Ventures actively backed the round. The round brought a total funds of $206 million.
Atlan Raised $105M Series C
Cofounders Altan, Varun Banka, and Prukalpa Sankar said the funds raised will be used for the development of an AI platform, and expansion.
Altan is a data platform with an AI governance. Altan provides enterprises with a tech layer of AI that helps them govern and collaborate on data easily.
Moreover, Altan centralizes the data for consumers and producers. Right now, Altan has Autodesk, Cisco, Ralph Lauren, Unilever, News Corp, FOX, NextGen, Nasdaq, HubSpot, Plaid, and others as active customers.
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