Talend, an open-source data integration company based in Los Altos with offices in Paris, has raised $40 million from Bpifrance and Iris Capital with participation from existing investor Silver Lake Sumeru, Tech Crunch reports.

Talend will use the investment to pursue an IPO and be more aggressive in its product roadmap, particularly with a focus on Hadoop technologies. In total, Talend has now raised $101.6 million.

With the funding, Talend will also invest in its inside sales and marketing to build incremental growth from its open-source business. “We are an open source company, we have free downloads,” said Talend CEO Mike Tuchen....

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