data.world, an Austin-based provider of enterprise data catalogs for modern data stacks, X, has raised $50M in Series C financing.
Growth Equity led the round, along with Goldman Sachs Asset Management. Prologis Ventures was involved, as well as Shasta Ventures. Vopak Ventures, Sandbox Insurtech Ventures. Scott Stephenson joined. Mike Reilly, a vice-president in Goldman Sachs’ Growth Equity business, was appointed to the data.world Board of Directors as part of the transaction.
The company has raised total funds of $132.3M to date. They plan to use the funds to increase global expansion, talent acquisition, product innovation, and global growth.
Data.world is led by Brett Hurt and provides an enterprise data catalog to support the modern data stack. Its cloud-native SaaS (software-as-a-service) platform combines a consumer-grade user experience with a knowledge graph to deliver enhanced data discovery, agile data governance, and actionable insights.
The company serves customers from multiple industries, including high-tech, healthcare and insurance. Customers include Penguin Random House UK, Prologis, Verisk Analytics, WPP, the Associated Press, and Vopak.
Data.world is a Certified B Corporation, public benefit corporation and has a large collaborative open-data community that includes more than 1.6million members, 90% of the Fortune 500.