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0 0.00176881577783664 -0.000884407888918445 -0.000527991509684324 -0.00566021048907757 -0.00212257893340404 0.00769434863358985 0.0215795524896082
Stock impact report

Atlan's Control Plane to Power Data & AI Governance Attracts $105M, Elevating Valuation to $750M [Yahoo! Finance]

Datadog, Inc. - Class A (DDOG) 
Last datadog, inc. - class a earnings: 2/13 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
SAN FRANCISCO, May 08, 2024 BUSINESS WIRE )--Emerging as a fast-growing force in data and AI governance, Atlan today announced a $105 million Series C funding round, led by GIC , Singapore's sovereign wealth fund, along with co-investor Meritech Capital , early backers of disruptors like Snowflake and Datadog. Existing investors Salesforce Ventures and PeakXV Partners participated in the round, bringing Atlan's total raised to more than $206 million, including contributions from top institutional investors such as Insight Partners and Waterbridge Ventures. This new funding comes as Atlan's revenues ballooned more than 7x in the last 2 years, with a 75% win rate in competitive trials and a whopping 400% enterprise sales growth in Q1 2024, as demand for AI data readiness and governance has skyrocketed. The company's customer base today includes industry giants like Cisco, Autodesk, Unilever, Ralph Lauren, FOX, News Corp, Nasdaq, NextGen, Plaid, and HubSpot. "Over the past year, boa Show less Read more
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