Press Release • October 7, 2021
Alation Welcomes Preeti Rathi, General Partner at Icon Ventures, to Board of Directors
Redwood City, Calif. – October 7, 2021 – Alation Inc., the data intelligence company, today announced the appointment of Preeti Rathi to its board of directors. Rathi is a general partner at Icon Ventures, an Alation investor, and replaces Michael Mullany on the Alation board, who is focusing on European investments for Icon Ventures.
Icon Ventures invested in Alation in June 2017 in conjunction with the company’s $23 million Series B funding round. Rathi joins existing independent board members, and members from Costanoa Ventures, Riverwood Capital, and Sapphire Ventures.
“We are grateful to Michael for his four years of service to Alation and wish him the best in his move to Europe. As we scale to the next level, we are excited to welcome Preeti to the board,” said Satyen Sangani, CEO and co-founder of Alation. “Her extensive experience with enterprise infrastructure, combined with her interest and background in machine learning and artificial intelligence-enabled applications, make her an amazing partner to help guide our growth.”
Rathi brings more than 14 years of experience working with early-stage technology companies as a venture capitalist and an operator. Before joining Icon, Rathi was a partner at Ignition Partners, where she focused on B2B software investments. She has a unique combination of venture investing, product management, and technical abilities. She is passionate about working with and helping grow companies, from early-stage startups to large successful businesses.
“More than 25% of Fortune 100 companies are Alation customers and it’s no coincidence that these organizations generating the most revenue are investing in their most important asset: data,” said Rathi. “Alation is a leader in the market and I look forward to being part of the company’s journey and continued success.”
Rathi is also on the Board of Aisera, At-Bay, and Confluera. She holds a BS in Computer Science, an MS in Computer Science from Stanford University, and an MBA from The Wharton School of Business. She is a member of the All Raise organization, where she devotes her time to mentoring rising female VCs and entrepreneurs.
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About Alation
Alation is the data intelligence company. Nearly 600 global enterprises — including 40% of the Fortune 100 — rely on Alation to realize value from their data and AI initiatives. Customers such as Cisco, DocuSign, Nasdaq, Pfizer, and Samsung trust Alation’s platform for self-service analytics, cloud transformation, data governance, and AI-ready data, fostering data-driven innovation at scale. Headquartered in Redwood City, California, Alation has been recognized five times by Inc. Magazine as one of the Best Workplaces. To learn more, visit www.alation.com.