Funding round
Collibra Series B
Collibra, which works in data and AI governance platform development in Brussels, raised $23M in a Series B round announced on 28 Sep 2015, led by Index Ventures. 2 firms took part. It is Collibra's third venture round on record; the one before was a Series A in Jan 2012.
$23M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
Collibra did not disclose a valuation in this round. It came 44 months after Collibra's Series A. It is 3.9% of the $596M Collibra has raised in the venture rounds on record. Collibra raised again 16 months later: a Series C round of $50M in Jan 2017. Its next priced round, a Series E in Jan 2019, valued it at $1.00B.
Collibra's funding rounds
Collibra has 8 venture rounds on record. This one is highlighted.
- Seed 1 Jan 2009 $1.5M
- Series A 1 Jan 2012, led by Newion Partners $1.2M
- Series B this round 28 Sep 2015, led by Index Ventures $23M
- Series C 18 Jan 2017, led by ICONIQ Capital $50M
- Series D 8 Jan 2018, led by ICONIQ Capital and Battery Ventures $58M
- Series E 29 Jan 2019, led by CapitalG $100M$1.00B post-money
- Series F 2 Apr 2020, led by ICONIQ Capital, Index Ventures and Durable Capital Partners $113M$2.36B post-money
- Series G 9 Nov 2021, led by Sequoia Capital and Sofina $250M$5.25B post-money
Investors
Who put money in
Index Ventures led the round with 1 other firm.
Lead investor
- Index Ventures backs 353 venture-backed companies new investor
Also in the round
- Dawn Capital new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
226 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $15M, and this round was 1.5 times the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 28 Sep 2015 | $57M | $400M | Andreessen Horowitz |
| Tech Companies | 10 Sep 2015 | $30M | not disclosed | Thrive Capital |
| Tech Companies | 10 Sep 2015 | $26M | not disclosed | not named |
| Tech Companies | 10 Sep 2015 | $23M | not disclosed | Accel |
| Tech Companies | 15 Sep 2015 | $17M | not disclosed | Evolution Equity Partners |
| Tech Companies | 3 Sep 2015 | $13M | not disclosed | The Raine Group and ProSiebenSat.1 Media |
| Tech Companies | 2 Sep 2015 | $11M | not disclosed | not named |
| Tech Companies | 2 Sep 2015 | $8.6M | not disclosed | not named |
Questions
Frequently asked
How much did Collibra raise in its Series B round?
Collibra raised $23M in its Series B round, announced in Sep 2015.
Who led Collibra's Series B round?
Index Ventures led it, with Dawn Capital.
What was Collibra's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Tech Companies?
226 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $15M, and this round was 1.5 times the median.
Did Collibra raise again after this round?
Yes: a Series C round in Jan 2017 of $50M.