November 04, 2021
Redwood City, Calif. — November 4, 2021 — Reltio, the first cloud-native, software-as-a-service (SaaS) data platform that accelerates data value for businesses, today announced it has secured $120 million in funding led by investment firm Brighton Park Capital (“Brighton Park”), with participation from existing investors Crosslink Capital, NewView Capital, RPS Ventures, Sapphire Ventures, and .406 Ventures. To date, Reltio has raised $237 million in total funding and is valued at approximately $1.7 billion. The new capital will help to fuel Reltio’s growth strategies, expand global go-to-market, and further scale the company’s efforts to deliver industry-leading products.
Reltio has been on a rapid growth trajectory — according to third-party market research, the company is growing more than 15 times faster than the overall category. Reltio added 18 new enterprise customers in the most recent fiscal year, and more than 25 of its customers have a $1 million or greater annual contract value. In addition, Reltio bolstered its leadership team with key C-suite appointments and added high-caliber SaaS executives to its Board of Directors. Mike Gregoire, Partner and Co-Founder of Brighton Park, will join Reltio’s Board.
Reltio proudly serves companies of all sizes, including 14 of the Fortune 100, and globally recognized customers such as Pfizer, L’Oréal, Xerox, CarMax, Takeda, and AstraZeneca — all of which rely on the Reltio platform to deliver a single source of trusted data and information. Read rest here.