Company Name | CEO | Fund Raise | Led By | Post-Money Valuation |
Dremio | Billy Bosworth | $135M | Saphire Ventures | 1B |
Dremio, San-Fransico- based startup, that offers tools for streamlining and curating the data, has secured $135M funds in Series D with a 1B post-money valuation rate. The funding was led by Saphire Ventures. It announced later that the company had raiused $160 million led by Adams Street Partners in collaboration with earlier Dremio investors, for a valuation of $2 billion
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Dremio intends to grow its engineering centers of excellence and expand its customer-facing organizations, to satisfy the acquisitions of its new customers.