Data governance platform Collibra raises $250M

Collibra, a data governance and intelligence platform that helps businesses unlock insights from disparate data sources, has raised $250 million in a series G round of funding at a $5.25 billion valuation. Founded out of Belgium in 2008, Collibra develops various products that constitute part of what Collibra calls its data intelligence cloud, allowing both technical and business users to collaborate and combine data silos to find hidden meaning in their wealth of information. This includes data catalog, which is for discovering and classifying data; data privacy, which serves centralized tooling to address regulatory requirements; data lineage, which maps relationships between applications and systems; data quality, and data governance. "Collibra is a new approach to the [data] complexity problem, offering a single system of data engagement that supports data modernization, digital transformation, compliance and privacy," Collibra CEO Felix Van de Maele told VentureBeat. "Collibra makes sure everyone in an organization is working with the same set of information -- we offer the only platform that can unite an entire organization by delivering accurate data for every use, for every user and across every source."