Alation bags $123M at a $1.7B valuation for its data-cataloging software

There’s been an explosion of enterprise data in recent years, accelerated by pandemic-spurred digital transformations. An IDC report commissioned by Seagate projected companies would collect 42.2% more data by year-end 2022 than in 2020, amounting to multiple petabytes of data in total. While more data is generally a good thing, particularly where it concerns analytics, large volumes can be overwhelming to organize and govern — even for the savviest of organizations.
That’s why Satyen Sangani, a former Oracle VP, co-founded Redwood City–based Alation, a startup that helps cra

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