Microsoft rival Collibra doubles valuation to $5.25 billion as investors chase next cloud winner

LONDON ā€” Software start-up Collibra said Tuesday it has raised $250 million in a round of funding that values the firm at $5.25 billion. Collibra raised the fresh funds in a late-stage investment led by Sequoia Capital and Belgium-based holding company Sofina, with Tiger Global also investing. The firm also counts Alphabet’s venture unit CapitalG, ICONIQ Capital and Index Ventures as investors.

Link: Microsoft rival Collibra doubles valuation to $5.25 billion as investors chase next cloud winner
via http://www.cnbc.com

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