Kirkland & Ellis advised Thoma Bravo on its lead role in a $123 million round of Series E financing for Alation, a leader in enterprise data intelligence. The financing also included participation from Sanabil Investments, and Costanoa Ventures, with participation from new investor, Databricks Ventures. Existing and other investors that also participated include Dell Technologies Capital, Hewlett Packard Enterprise (HPE), Icon Ventures, Queensland Investment Corporation, Riverwood Capital, Salesforce Ventures, Sapphire Ventures and Union Grove. Total funding raised stands at $340 million, elevating the company’s current valuation to more than $1.7 billion amid the volatile late-stage software-as-a-service (SaaS) growth equity market. Read the Thoma Bravo press release The Kirkland team was led by corporate partner Leon Johnson and associates Niki Namazi and Andrew Daniels with assistance from corporate partner Jon-Micheal Wheat, technology & IP transactions partners Aaron Lorber and Seth Traxler and associate Aseem Jha, tax partners Kevin Coenen, Adam Kool and Steven Cantor, employee benefits partner Matt Antinossi and associate Iris Grossman, executive compensation partner Jared Whalen and associate Rebekah Kostelak, ESG & impact partner Abbey Raish and associates Maddy Foote and Kyle Guest, labor & employment partner Sydney Jones and associate Alexis Grinstead and international trade & national security partners Mario Mancuso and Luci Hague and associates Chad Crowell and Erika Krum.