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Home technology big-data tealium rakes in $55 million in Series F funding

Tealium rakes in $55 million in Series F funding

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Tealium rakes in $55 million in Series F funding

San Diego-based Tealium has raised $55 million in series F funding. The funding round was led by Silver Lake Waterman, Silver Lake’s late-stage growth capital fund. ABN AMRO Digital Impact Fund, Declaration Partners, Parkwood, and existing partners also participated in the round.

Till date, the impressive data and enterprise tag management company has raised more than $160 million in funding. The company has risen rapidly with the growth of big data and competes with the likes of Google and Adobe when it comes to enterprise tag management. Most notably the company’s AudienceStream customer data platform (CDP) has seen phenomenal growth since its beginning in 2013.

The fresh funding will be utilized by the company to further scale its global go-to-market activities, accelerating new product development and expanding the company’s data integration ecosystem. On the fresh round of funding, Shawn O’Neill, Managing Director of Silver Lake Waterman: “Tealium enables companies to overcome challenges related to customer data fragmentation by integrating and enriching data across sources in real time while providing data governance and fidelity.” He continued and said: “We are excited to support the company’s continued growth and investment in innovation.”

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