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Talend Secures $12 Million in Funding

January 25, 2009 -- Yves de Montcheuil
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Talend has just raised a new round of funding.  Round C, for a total of $12 million, was led by Balderton Capital, one of the leading Venture Capital firms in the world.  Most notably, Balderton was an early investor in MySQL, one of the most successful open source vendors.  Historic Talend investor AGF Private Equity also participated into this round.  I am also thrilled to announce that Bernard Liautaud, a General Partner with Balderton Capital, and also the founder and former CEO of Business Objects, will now be seating on our Board of Directors.

All the team at Talend is very excited and proud about this news, which will give us the resources we need to take the company to the next step, and especially to accelerate our growth by offering always better support and products to our users, better geographical coverage, and of course by continuing to innovate and bring the best technologies in open source data management.

With over 3.3 million downloads, over 400 paying customers in companies of all sizes and in all verticals, and over 100 partners, the success of Talend so far is phenomenal.  And I wanted to thank our community for its contribution to this growth - the community has been and will continue to be a key factor to these accomplishments.

For more information, you can find a copy of the press release announcing this round C here.

I will be back on this blog to comment about the process that led us to this round (not a small feat in these economical times).   But I wanted to break the news here as it becomes public.

Bertrand