Huge Funding, Valuation for Unified Data Firm Peregrine

Peregrine Technologies, whose software helps client organizations bring together information from siloed systems, has raised $250 million in Series D funding, valuing the company at around $6.8 billion. The money will fund product development, engineering hires and international growth, among other uses.

The San Francisco-based company was founded in 2018, is led by CEO Nick Noone and CTO Ben Rudolph, and today has more than 450 employees in locations including Washington DC, New York City, Toronto and London. Its platform serves a wide range of applications, from co-ordinating operations for the Super Bowl, the Academy Awards and the majority of US World Cup host cities; to hurricane response and recovery efforts in Florida; to identifying crime suspects and helping to deter further offence.

The round was led by existing investors, including Fifth Down Capital, Sequoia Capital, OG Venture Partners, Goldcrest Capital, XYZ Ventures, and Godfrey Capital.

Web site: www.peregrine.io .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.