Dremio Raises $135 Million in Series D Funding to Drive Data Lake Transformation for Global Enterprises
Dremio Thursday, January 7, 2021 11:19AM IST (5:49AM GMT) New Funding Led by Sapphire Ventures Brings Dremio’s Valuation to $1 Billion Santa Clara, Calif., United States: Dremio, the innovation leader in data lake transformation, today announced it has raised $135 million in Series D funding, bringing the company’s valuation to $1 billion. This preemptive fundraising occurred just nine months after a $70 million round led by Insight Partners in March 2020. The new fundraising round is led by Sapphire Ventures with partic...
Source: businesswireindia.com