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June 14, 2007
Paris' Open Source Data Integration Startup Talend Funded For US Thrust
Our intrepid a:c euro reporter mobile blogs from Paris where she heard from investment advisor Marc Brandsma of Chausson Finance who lets us know that opens source data integration play Talend has closed on its second round at $3.5M.
Say Brandsma of Talend:
"I love working with this company: the founders are energizing, the team is young and fantastic, and they are doing something really hard that is to establish themselves as a market leader in the USA. They have an incredible traction with lots of high level partnerships and an astonishing community and customer response. I bet that this company will enter the exclusive club of European start-ups enjoying a global success through an acceleration on the USA market."
Investors in Talend include AGF Private Equity and Galileo Partners. In the US, there is a well funded open source data integration company called MuleSource. This is a complex field, we understand, and the two may not but heads initially.
Update: The difference is that MuleSource is an application integration company ( SOA) and Talend is a Data Integration solution. ETL is the three letter acronym here. Extract Transform Load. Such software can take large amounts of data from a legacy database for example and make it available in formats that newer applications can exploit.
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Posted on June 14, 2007 06:59 AM | Posted to Business software | Permalink
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