Dremio, a Santa Clara, Calif.-based data lake transformation company, raised $160 million in Series E funding. Adams Street Partners led the round and was joined by investors including Sapphire Ventures, Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, and Cisco Investments. Read the full article here on Fortune.
In the second deal in a week involving one of Palihapitiya SPACs, Social Capital Suvretta announced plans to merge with and take public Akili Interactive Labs, a developer of games used to treat cognitive problems. Read the full article here on Silicon Valley Business Journal.
Dremio, the innovation leader in data lake transformation, today announced it has closed a $160 million Series E funding round, bringing the company’s valuation to $2 billion. This preemptive fundraising occurred just one year after a $135 million round led by Sapphire Ventures in January 2021. The new fundraising round is led by Adams Street […]
The new round comes as the company has doubled its revenue for several years running and has more than quadrupled its workforce since 2020. Dremio Inc. has a bunch of new cash to promote and develop its data analysis service. The Santa Clara company, which helps businesses run queries on large pools of raw data, […]
SQL data lakehouse company Dremio has closed a $160 million series E funding round, bringing the company’s valuation to $2 billion. The preemptive fundraising round, led by Adams Street Partners, comes soon after its $135 million round last year led by Sapphire Ventures just one year ago. Total funding is now $410 million. The investment will help […]
Read the full article here on Techmeme.
The vendor is raising new money as demand for cloud data platform technology continues to grow as enterprises look to improve business intelligence and data analytics. Dremio said on Jan. 25 it raised $160 million in a Series E round of funding, giving the data lake platform vendor a valuation of $2 billion. The new […]
Series E round of $160 million comes just one year after the company’s last round and brings its total funding to more than $421 million. Data lakehouse platform developer Dremio has raised $160 million in a round of venture funding that puts the big data startup’s pre-money valuation at $2 billion, the company said Tuesday. […]
Data analytics specialist Dremio Corp. is now valued at $2 billion, double what it was worth a year ago, after raising $160 million in new funding. Dremio said in its announcement of the Series E funding round today that Adams Street Partners led the investment. StepStone Group and DTCP participated as well. The three firms were joined […]
Santa Clara-based Dremio, the innovation leader in data lake transformation, announced it has closed a $160 million Series E funding round, bringing the company’s valuation to @2 billion. This preemptive fundraising occurred just one year after a $135 million round led by Sapphire Ventures in January 2021. Read the full article here on SF Business […]
Dremio, a Santa Clara, Calif.-based SQL lakehouse company, raised $160m in Series E funding at a $2b valuation. Adams Street Partners led, and was joined by StepStone Group, DTCP and insiders Sapphire Ventures, Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners and Cisco Investments. Read the full article here on Axios.
Data lake platform Dremio today announced that it has raised a $160 million Series E funding round led by Adams Street Partners. Existing investors Sapphire Ventures (which also led the company’s $135 million Series D round last year), Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, and Cisco Investments also participated in this round. The company says […]
Dremio lands $160M for data lake technology Santa Clara, California-headquartered Dremio, a provider of data lake technology enabling faster analytics and access to data, reportedly raised $160 million in a Series E funding round led by Adams Street Partners. Read full article here on CrunchBase News.
Data lake platform Dremio today announced that it has raised a $160 million Series E funding round led by Adams Street Partners. Existing investors Sapphire Ventures (which also led the company’s $135 million Series D round last year), Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, and Cisco Investments also participated in this round. The company says […]
Dremio, a Santa Clara, Calif.–based data lake transformation company, closed a $160m Series E funding round, bringing its valuation to $2 billion. The round was led by Adams Street Partners with participation from existing investors Sapphire Ventures, Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, and Cisco Investments. Adams Street Partners is joined by other […]
