This is a guest post from Talend’s CEO Mike Tuchen.
Today we’re excited to announce a new funding round that will take Talend to the next stage of our evolution as a company. We just closed a $40 million funding round led by a major new investor, BPI France. BPI France is the investment arm of the French government, which seeks out innovative companies with strong French ties. BPI always invests in tandem with a private venture capital firm, often Iris Capital who is joining them in their Talend investment, alongside our existing investors. Although we weren’t out fundraising at this point, the funding is a terrific opportunity for Talend. It allows us to accelerate some investments that we would otherwise have made a year or two from now in product innovation and go to market.