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Monte Carlo Lands $60M Series C Funding Round

2021-08-17
SAN FRANCISCO, CA, Monte Carlo, the data reliability company, today announced that they have raised $60 million in Series C funding.
Monte Carlo today announced that they have raised $60M in Series C funding from ICONIQ Growth with participation from Salesforce Ventures and existing investors Accel, GGV Capital, and Redpoint Ventures - bringing their total funding to $101M. With this round, Monte Carlo will fuel the growth of the Data Observability category, further develop its product offerings for our customers, support more use cases, and expand to new markets.

As businesses increasingly rely on data to drive better decision making, it's mission-critical that this data is accurate and reliable. Billed by Forbes as the New Relic for data teams and backed by Accel and GGV, Monte Carlo solves the costly problem of broken data through their fully automated, SOC-2 Type II certified Data Observability platform.
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