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 […]
The pandemic has rapidly accelerated three important technology trends: 1. cloud migrations, 2. security related to those migrations and 3. data-driven decision making and customer experiences.
Multi-cloud environments are becoming a reality, says Tomer Shiran, founder and CPO of Dremio. But that doesn’t mean that hybrid cloud is going away, he says, as hybrid and multi-cloud deployments will blend together in 2022. The pandemic marked an inflection point for the growth of cloud platforms in 2020, as organizations scrambled to keep their applications […]
The battle raged on between data warehouses and data lakes. A new generation of data pros say S3-compatible object stores provide everything you need.
In 2021, interest in the cloud data lakehouse model helped to propel multiple vendors forward as new serverless database-as-a-service systems emerged as well.
insideBIGDATA’s annual technology predictions round-up collects insights, reflections and predictions from their vendor ecosystem for what may be coming.
Tomer Shiran predicted for 2020: Data Warehouses are Dead! Hello Open Data Architectures and Data Lakes Become the Preferred Platform for All Companies
Dremio predicts 2022 will be the year open data architectures replace the data warehouse
insideBIGDATA recently ranked Dremio at #24 among the IMPACT 50 List for Q4 of 2021.
