Talend, open source “data integration” software company, raises $3.5M
updated
Talend, a provider of open source “data integration” software, said it has raised $3.5 million in a second round of financing.
The funding came from existing backers, AGF Private Equity and Galileo Partners.
Earlier this year, the company, based in Suresnes, France, had raised $3.5 million in an initial round of backing, and opened a U.S headquarters office in Palo Alto.
From the company’s statement:
Talend Open Studio, available for download free of charge at www.talend.com, is the industry’s first pure open source data integration solution, combining metadata-driven design and execution, with an easy-to-use graphical development environment, to deliver better scalability at a lower total cost of ownership than traditional data integration or Extract, Transform and Load (ETL) solutions. The open source approach chosen by Talend extensively leverages the community, expediting product enhancements that directly address user’s feedback and needs. Talend’s technology and business vision shatters the traditional proprietary model and provides the flexibility required to meet the needs of all organizations – regardless of their size, level of expertise or budgetary constraints.
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