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Birmingham Post
Birmingham Post
Technology
Jon Robinson

Tech unicorn Matillion secures investment from California venture capital firm

California Snowflake

Technology unicorn Matillion has secured investment from the venture capital arm of a data cloud company headquartered in California.

The Altrincham-headquartered business has been backed by Snowflake Ventures but the value of the deal has not been disclosed.

Matillion was valued a $1.5bn in September 2021 after raising $150m in a funding round led by a US investment giant with stakes in the likes of Gymshark, BuzzFeed and Squarespace.

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