Redwood City, CA-based Talend is an open-source rooted, data integration software provider that specializes in big data. Talend opened trading at $27.66 after pricing its IPO 5,250,000 shares at $18 on Thursday, raising $94.5 million, a 53% pop. It priced a dollar above its planned range of $15 – $17 per share.Talend is not yet the profitable company. Last year, it reported a net loss of $22 million on $76 million but the company managed to become positive in cash flow.
Talend is the leading open source integration software provider to data-driven enterprises and the first data integration platform built on Apache Spark. Customers can connect anywhere, at any speed, at a predictable price. Talend founded in 2006 by Fabric Bonan and Bertrand Diard, the founder of data analytics company Business Objects Bought in 2008 by SAP.
TALEND TOTAL FUNDING: $101.58M IN 6 ROUNDS [ Via Venture Pulse Data ]
|Date||Funding Amount||Funding Round||Lead VC/Investor|
|Nov, 2010||$34M||Private Equity||Silver Lake Partners|
|Apr, 2010||$8.08M||Series D|
|Jan, 2009||$12M||Series C|
|Jul, 2007||$3.5M||Series B|
|Jun, 2006||$4M||Series A|