Talend Acquisition, Valuation, Funding & Investors
Talend was acquired by Qlik in January 2023.
Talend acquisition price
Undisclosed
Acquired by Qlik · Jan 2023
Talend revenue at acquisition
$350M
Last twelve months · Jan 2023
Cumulative funding Talend raised
$82M
across 3 funding rounds
Key investors in Talend
Balderton Capital
Idinvest Partners
Silver Lake
Bpifrance
IRIS
Sumeru Equity Partners
About Talend
Talend is a Redwood City-headquartered data integration leader offering cloud-native ETL and API management via Talend Data Fabric. Founded in 2005 in France, it serves 4,500 enterprises including AstraZeneca with Stitch acquisition for reverse ETL. The platform handles petabyte-scale pipelines, supporting Snowflake and Databricks integrations for real-time data quality.
Founded
2004
HQ
San Francisco, CAWebsite
Status
Acquired
Customer focus
B2B
Revenue model
Subscription
Revenue
$53M (Dec 2013)
Talend Acquisition
Talend was acquired by Qlik for an undisclosed price on 5 January 2023.
Before the acquisition Talend had raised $82M across 3 funding rounds.
Qlik, a leader in BI and analytics, acquired Talend, a major data integration vendor specializing in data transformation, quality, and governance, in May 2023. Both companies were owned by private equity firm Thoma Bravo, which had previously acquired Qlik for $3 billion in 2016 and Talend for $2.4 billion in 2021, positioning the transaction as more of a strategic merger under common ownership than a traditional acquisition. The deal closed following announcement of intent in early 2023, subject to regulatory approvals and works council consultation. The acquisition combines Qlik's analytics, AI, and machine learning strengths with Talend's data integration capabilities to offer a comprehensive, cloud-independent portfolio addressing data fragmentation, integration, governance, and quality needs. It enhances Qlik's full-stack data management offerings, filling gaps in data quality and governance, and supports customers in modernizing data architectures without legacy constraints or cloud lock-in. Post-acquisition, the combined entity under CEO Mike Capone continues investments in innovation and R&D. Talend brought over 7,000 customers and approximately $350 million in revenues to the deal, roughly half of Qlik's size. The move aligns with Qlik's M&A strategy evolution from smaller tuck-in acquisitions to integrating a larger player like Talend, strengthening its market position in data and analytics.
| Acquirer | Date | Type |
|---|---|---|
| 5 Jan 2023 | Strategic M&A |
Sources: thomabravo.com, barc.com
Talend Revenue
Talend's latest recorded revenue is $53M, as of its undisclosed-stage round in December 2013.
Talend revenue by funding round
| Date | Revenue * | Stage |
|---|---|---|
| Dec 2013 | $53M | Undisclosed stage |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Talend Funding History
Talend has raised a total of $82M across 3 funding rounds.
Talend's first fundraising round was a $8M Series D in April 2010. The most recent completed round was a $40M undisclosed-stage round in December 2013.
Talend funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Dec 2013 | Undisclosed stage | Bpifrance (lead); IRIS (lead); Silver Lake; Balderton Capital; Sumeru Equity Partners; Idinvest Partners | $40M | Talend, the open-source data integration software company, issued USD 40 million of Series G and H preferred shares in a private placement in December 2013. Bpifrance and Iris Capital led the round, and Silver Lake Sumeru, Balderton Capital and Idinvest Partners also took part. Bpifrance, the French public investment house, supports companies on the path to a public listing, and Talend said it planned to pursue an IPO with the new capital. The funding was to support expansion in the big data market, investment in the product roadmap for Hadoop technologies, and inside sales and marketing to grow from its open-source model, which sees tens of thousands of daily downloads. The round brought total funding to USD 101.6 million across prior rounds. Talend is based in Los Altos, California, with offices in Paris, and provides data integration, data management and business process management software with a focus on big data. Its chief executive at the time was Mike Tuchen. The company later went public, was taken private by Thoma Bravo and was acquired by Qlik in 2023. |
| Nov 2010 | Undisclosed stage | Silver Lake (lead); Balderton Capital; Idinvest Partners | $34M | Talend raised USD 34 million in new funding in November 2010, led by Silver Lake Sumeru with its existing investors Balderton Capital and Idinvest Partners participating. The round took total funding raised by the company to more than USD 60 million. It was announced together with Talend's acquisition of Sopera, an open source service-oriented architecture and middleware provider,. Idinvest, which had backed the company since 2009 and joined the April 2010 Series D, followed its investment again as a participant rather than a lead. Talend develops open source data integration, data quality and master data management solutions, publishing its core modules under a GPL licence and selling subscriptions and services to enterprises. The company was founded in 2004 and has operations in the United States and Paris. |
| Apr 2010 | Series D | Balderton Capital; Galileo Partners; Idinvest Partners | $8M | Idinvest Partners, then operating as AGF Private Equity, took part in an USD 8 million Series D financing of Talend announced in April 2010. The round was funded entirely by existing investors, Balderton Capital, AGF Private Equity and Galileo Partners, and brought the total capital raised by the company to USD 28 million. Idinvest had first backed Talend in its 2009 Series C round led by Balderton and was therefore investing for the second time. Talend said it would use the proceeds to build out its data integration, data quality and master data management tools. Talend is a provider of open source data solutions founded in 2004 and headquartered in the United States with a large engineering base in Paris, and it sells subscriptions to enterprises for data integration, data quality and master data management software. |
Who has invested in Talend?
7 investors have backed Talend across its funding rounds, including Balderton Capital, Idinvest Partners, Silver Lake, Bpifrance, IRIS and Sumeru Equity Partners.
Lead investors include Bpifrance, IRIS and Silver Lake.
Talend Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 London | 3 | Participant | Apr 2010 | |
 Paris | 3 | Participant | Apr 2010 | |
| San Francisco, CA | 2 | Lead | Nov 2010 | |
| Paris | 1 | Participant | Apr 2010 | |
| United States | 1 | Participant | Dec 2013 | |
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Talend
Talend has acquired 3 companies to date.
Last acquisition by Talend was on April 7th 2022. Talend acquired Gamma Soft for undisclosed valuation.
Latest Acquisitions by Talend
| Description | - | Stitch is a San Francisco-headquartered ETL platform designed for developers to pipeline data from sources including MongoDB, MySQL, Salesforce, and Zendesk into warehouses like Amazon Redshift, Google BigQuery, and Snowflake. Acquired by Talend in November 2020, it automates replication pipelines with schema handling and incremental updates, enabling data teams to access analytics-ready data within minutes. The service supports over 140 connectors and integrates with dbt for transformations, serving enterprises in scaling data operations. | Restlet is a San Mateo-headquartered API platform as a service provider with an engineering office in Nantes, France. The company offers tools for designing, documenting, testing, mocking, and deploying RESTful APIs, serving developers building cloud, mobile, web, and IoT applications. Restlet maintains the open-source Restlet Framework, used in over 1 million projects worldwide. Recognized as a Cool Vendor in Specialized PaaS by Gartner in 2015 and a founding member of the OpenAPI Initiative, it supports enterprises like Orange and Schneider Electric. |
| HQ Country | | | |
| HQ City | - | Philadelphia, PA | San Francisco, CA |
| Deal Date | 7 Apr 2022 | 7 Nov 2018 | 9 Nov 2017 |
| Valuation | undisclosed | $60M | $10M |
| EV/Revenue | |||
| EV/EBITDA | |||
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Talend Competitors
Talend competitors include listed companies like Teradata and Business-intelligence, and private ones like Airbyte, Matillion, Devo and Neo4j.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| San Francisco, CA | Private | - | - | $1.5B | - | |
| Manchester | Private | - | - | $1.5B | - | |
| United States | Private | - | - | $2B | - | |
 Malmo | Private | $200M | - | $2B | 10.0x | |
| United States | Publicly listed | $1.7B | $285M | $2.9B | 1.6x | |
 China | Publicly listed | $391M | $54M | $1.9B | 6.1x |
Talend Public Comps
Talend is no longer listed, but its public comps include Xunce Technology, Shanghai DZH, Xiamen Xiangyu Co, Amplitude, DoubleVerify, GigaCloud Technology, Karooooo, Planisware, Business-intelligence and SPS Commerce.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $193M | ($16M) | 11.7x | 6.6x | (144.2x) | 135.0x | |||
| $124M | ($549K) | 18.9x | - | (4263.6x) | - | |||
| $62B | $526M | 0.1x | 0.1x | 12.6x | 9.5x | |||
| $343M | ($76M) | 5.8x | 4.9x | (26.4x) | 101.6x | |||
| $748M | $136M | 2.6x | 2.5x | 14.5x | 7.2x | |||
| $1.3B | $158M | 1.7x | 1.4x | 13.5x | 10.3x | |||
| $333M | $147M | 6.0x | 5.2x | 13.6x | 12.8x | |||
| $222M | $76M | 7.7x | 7.0x | 22.7x | 18.9x | |||
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Common questions about Talend
| When was Talend founded? | Talend was founded in 2004. |
| Where is Talend headquartered? | Talend is headquartered in San Francisco, CA, United States. |
| Is Talend publicly listed? | No, Talend was acquired by Qlik in January 2023. |
| Who acquired Talend? | Talend was acquired by Qlik in January 2023. |
| How much funding has Talend raised? | Talend has raised $82M across 3 funding rounds. |
| What was Talend's last funding round? | Talend's last funding round was a $40M undisclosed-stage round in December 2013, led by Bpifrance and IRIS. |
| Who are Talend's investors? | Talend's investors include Balderton Capital, Idinvest Partners, Silver Lake, Galileo Partners, Sumeru Equity Partners, Bpifrance and IRIS. |
| What is Talend's revenue? | Talend's latest recorded revenue is $53M (December 2013). |
| Which companies are comparable to Talend? | Companies comparable to Talend include Airbyte, Matillion, Devo, Neo4j, Teradata and Business-intelligence. |
| How many companies has Talend acquired? | Talend has acquired 3 companies, including Gamma Soft, Stitch and Restlet. |
| What was the largest acquisition by Talend? | The $60M acquisition of Stitch in November 2018 is the largest acquisition Talend has made to date. |
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