Data analytics software company Alteryx Inc. in Irvine said it has invested in data lineage company Manta of Tampa, Fla. Financial details were not released.
“With this investment from Alteryx Ventures, Manta will be able to bolster product innovation, expand its partner ecosystem, and grow in key markets,” Alteryx said in a statement today.
Allteryx said the investment furthers the company’s commitment to enterprise governance, risk, and compliance and accelerates joint product integration.
In 2021, the Irvine firm announced the formation of Alteryx Ventures, a $50 million fund designed to “invest in companies with innovative technology and services that complement and expand Alteryx’s analytics and data science products.”
Shares in Alteryx were down 1.9% to $40.69 apiece for a market cap of $2.8 billion today.
