Private equity fund manager YFM Equity Partners has backed a GBP4 million investment in Matillion, a provider of cloud-based integration technologies.
YFM’s funding includes investment from its 2015 YFMEP LP Fund, which co-invested alongside YFM’s advised VCTs.
Founded in 2011, Matillion builds disruptive software which helps companies with structured data integration to the Cloud. An Amazon Web Services (AWS) advanced technology partner, Matillion is one of Amazon’s few AWS big data competency holders worldwide.
Matthew Scullion, managing director at Matillion, says: "YFM was unique amongst the private equity firms we met in understanding the immense opportunities that stem from delivering cutting-edge structured data integration capabilities for the growing number of businesses, large and small, that are exploiting cloud-based database technology. We are delighted to have YFM’s backing and are looking forward to working together with non-executive directors Pieter and Brian and the team, to become the leader in next-generation data integration.”
