Tableau Raises $254M in Series E
Tableau has successfully raised $254M in a Series E at a $2.05B valuation led by Salesforce Ventures.
Company Overview
Tableau is a Data/Analytics company headquartered in Seattle, WA, founded in 2003 with 3000+ employees.
Visual analytics platform
Fundraising Details
- Amount Raised: $254M
- Round Type: Series E
- Valuation: $2.05B
- Date: 2024-01-01
- Investors: Salesforce Ventures
About Tableau
Visual analytics platform The company is positioned in the Data/Analytics sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Seattle, WA
- Founded: 2003
- Team Size: 3000+
- Industry: Data/Analytics
What This Means
This funding round demonstrates strong investor confidence in Tableau's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Data/Analytics sector continues to attract significant investment as companies innovate to meet evolving market demands. Tableau's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $2.05B valuation marks an important milestone for Tableau, positioning the company among notable players in the Data/Analytics industry.
Looking Ahead
With this new capital, Tableau is well-positioned to execute on its growth strategy and continue building innovative solutions in the Data/Analytics space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2024-01-01. For more information about Tableau, visit their headquarters at Seattle, WA.
