27
May
Data transformation startup Coalesce Automation Inc. has revealed how it is planning to scale its business, unveiling an ambitious roadmap to coincide with its biggest funding round yet. The company said today it has raised $50 million via a Series B funding round, bringing its total amount raised to more than $81 million. The round was led by Industry Ventures and existing backer Emergence Capital, and saw the participation of 11.2 Capital, DNX Ventures, GreatPoint Ventures, Hyperlink Ventures, Next Legacy Partners, Snowflake Ventures and Telestra Ventures. Coalesce has been around for just over two years, having launched in January 2022…