Dremio is small but growing at a fast pace. In January 2021, the company closed a series D funding round in which it raised $135 million at a $1 billion valuation. Dremio says it plans to use the funding to grow its global engineering centers — engineering headcount growth more than doubled over the past year, though the total headcount of 79 engineers still makes it small relative to most of the competitors on the Power Index. Still, it hopes that a new approach that allows customers to directly query data in cloud storage platforms could be its big ticket to growth — which goes some way to explaining its top spot on our momentum leaderboard.
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About Dremio
Dremio is the easy and open data lakehouse, providing self-service analytics with data warehouse functionality and data lake flexibility across all of your data. Use Dremio's lightning-fast SQL query service and any other processing engine on the same data. Dremio increases agility with a revolutionary data-as-code approach that enables Git-like data experimentation, version control, and governance. In addition, Dremio eliminates data silos by enabling queries across data lakes, databases, and data warehouses, and by simplifying ingestion into the lakehouse. Dremio's fully managed service helps organizations get started with analytics in minutes, and automatically optimizes data for every workload. As the original creator of Apache Arrow and committed to Arrow and Iceberg’s community-driven standards, Dremio is on a mission to reinvent SQL for data lakes and meet customers where they are on their lakehouse journey.
Hundreds of global enterprises like JPMorgan Chase, Microsoft, Regeneron, and Allianz Global Investors use Dremio to deliver self-service analytics on the data lakehouse. Founded in 2015, Dremio is headquartered in Santa Clara. CNBC recognized Dremio as a Top Startup for the Enterprise and Deloitte named Dremio to its 2022 Technology Fast 500. To learn more, follow the company on GitHub, LinkedIn, Twitter, and Facebook, or visit www.dremio.com.
