skip to Main Content

Partnering With a Developer of Data Management and Application Integration Software

Background

Businesses are handling more data every year, and they want to get more out of their data assets. Because of this, the Sumeru team has developed investment themes around data management for large enterprises and explored opportunities to help businesses organize and analyze these growing pools of data.

Talend is a Silicon Valley-based software company that helps some of the world’s best-known companies manage and integrate various types of data with unique, “code-generating” architecture. When the company set out to find a partner to help with international expansion, a strategic acquisition and growth capital, they chose Silver Lake Sumeru, the predecessor fund to Sumeru Equity Partners, because of our successful track record developing sales, marketing and product development strategies for enterprise software companies, and our expertise in helping businesses expand globally.

Value Creation

Improving Efficiency and Adding to the Team

We worked closely with the founders and executive team at Talend to develop a strategy for international expansion, make sales and marketing operations more efficient, integrate a complementary acquisition and streamline the organization to support growth.
The Sumeru team helped Talend’s sales and marketing team attract and retain more customers, and worked with its management team on product strategies that enabled Talend to deliver capabilities in fully hosted cloud models.

We recruited several C-suite executives that helped the company scale effectively and enabled a very successful IPO. As the business transitioned toward strong organic revenue growth and positive cash flow, we arranged a line of credit for Talend and completed a complementary acquisition that gave Talend more presence in Europe.

Results

Talend’s Public Debut

After experiencing rapid growth and increasing stature in the market, Talend went public on NASDAQ in 2016. In the years leading up to its IPO, when Talend worked in partnership with Sumeru to streamline and expand its business, the company’s recurring revenues grew over 6X with improved profitability and cash flow. During that same period, the company nearly doubled its workforce and added significantly to its global enterprise accounts. The same year it debuted on the public markets, Talend was named a Leader in Gartner’s Magic Quadrant for Data Integration Tools, becoming the first new vendor in five years to achieve that distinction.

The Sumeru team have been great partners in helping Talend become a leader in data integration software. In addition to providing capital to fund the strong growth of our business, they were valued thought partners to me in every step of the journey toward our successful IPO.

— Mike Tuchen, CEO

Back To Top