Dremio secures $135M to invest in educating a growing community of data lake practitioners

Read the original article: Dremio secures $135M to invest in educating a growing community of data lake practitioners


Dremio 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 participation from existing Dremio investors: Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, Redpoint Ventures, and Cisco Investments. The investment will help Dremio expand its engineering centers of … More

The post Dremio secures $135M to invest in educating a growing community of data lake practitioners appeared first on Help Net Security.


Read the original article: Dremio secures $135M to invest in educating a growing community of data lake practitioners