Finnish Software Firm Aiven Raises Cash at $800 Million Value

  • Company’s valuation jumps about fourfold from 2020 round
  • Investment round led by Atomico, joined by Salesforce Ventures

Source: Aiven

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Aiven, a Finnish company that makes open-source software to manage databases, has raised funding at a valuation of more than $800 million, a roughly fourfold increase since its last roundBloomberg Terminal a year ago.

It’s raised $100 million to bring new products to market and further expand internationally, the Helsinki-based company said in a statement Tuesday.