The French Talend raises 40 million dollars: “we want to become one of the leaders in big data”

by bold-lichterman

The French publisher of open source data management and integration software Talend raised $ 40 million this Wednesday, December 11 from Bpifrance and Iris Capital, with the participation of its historic shareholders Silver Lake Sumeru, Balderton Capital and Idinvest Partners . The operation brings to 130 million dollars the total amount of funds raised since its creation in 2006.

“We are happy to support a great French entrepreneurial story thanks to this fundraising, and thus allow Talend to continue its international development” explains Jean d’Arthuys, Executive Director of Bpifrance. The company, which today has large accounts among its customers, including SNCF, Orange and CommerzBank, wishes to take advantage of this investment to accelerate its innovation processes, increase its range of products and strengthen its position in big data.

[Article initialement publié le 11 décembre 2013]

Frenchweb spoke to Bertrand Diard, co-founder of Talend, at LeWeb’13 about this operation.