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Tag: funding round

Armada Emerges from Stealth with $55M

The limitations in capacity and communications are preventing industries around the globe from effectively utilizing satellite connectivity. This issue is worse in remote areas that are often lacking in connectivity infr Read more…

Kafka Disruptor Redpanda Raises $100M Series C

Streaming data platform Redpanda has raised $100 million in a Series C funding round for a total of $165 million in funding. Redpanda is a Kafka-compatible streaming data platform that the company says is high perform Read more…

Data Fabric Specialist Avalor Raises $30M to Stop the Security Data Deluge

A new data fabric player is on the scene, this time for security. Avalor has emerged from stealth via a $25 million Series A round for a total of $30 million raised. Avalor’s Data Fabric for Security application use Read more…

Honeycomb Taps Observability Buzz to Raise $50M Series D

Honeycomb, a cloud application observability platform, announced it has raised $50 million in Series D funding for a total of nearly $150 million. “The future of observability has never been more exciting, and this Read more…

Onehouse Announces $25M Series A, New Feature for Its Managed Lakehouse Platform

Managed data lakehouse firm Onehouse has announced a $25 million Series A funding round, bringing its total funding to $33 million. Additionally, the company announced a new feature of its platform called Onetable. On Read more…

Embedded BI Platform Cumul.io Raises $10.8M Series A

Cumul.io, developer of a low-code business intelligence platform, has announced it raised $10.8 million in a Series A funding round. The company’s BI platform focuses on embedded analytics for SaaS applications. Tra Read more…

Chronosphere Nabs $115M in Extended Series C

Cloud observability firm Chronosphere has announced an extended Series C round of $115 million, increasing its valuation to $1.6 billion. The fresh funds will support the marketing and development of its cloud native Read more…

Dataiku Raises $200M Series F at a Reduced Valuation

Dataiku announced it raised $200 million in a Series F round this week at a $3.7 billion valuation. This latest valuation is a 20% decline from its August 2021 valuation of $4.6 billion, perhaps reflecting the changing m Read more…

Neural Search Platform Vectara Launches with $20M Seed

Vectara, a neural network technology platform, has announced $20 million in seed funding and has also released its first product for general availability: a neural search as a service. Many existing search engines are Read more…

NebulaGraph Completes Series A to Scale Its Distributed Graph Database

NebulaGraph, an open source database created by Hangzhou, China-based company Vesoft, announced it has raised an undisclosed amount totaling tens of millions of dollars in a Series A funding round. The company touts i Read more…

Apache DolphinScheduler Raises Nearly $10M Angel Financing

DataOps platform Apache DolphinScheduler announced it has recently raised nearly $10 million in angel round financing. The Beijing-based company plans to use the funds for R&D in MLOps and data synchronization techno Read more…

SingleStore is the Newest Data Unicorn with $116M Funding Round

SingleStore, provider of a popular relational database, has announced a $116 million extended Series F round led by Goldman Sachs. The company reported a nearly $1.3 billion valuation, launching it into unicorn status. Read more…

Bigeye Observes $45 Million in Funding

Data observability startup Bigeye, which uses statistics and machine learning to detect inconsistencies and other problems in data, has netted $45 million in a Series B round that it will use to accelerate the company’ Read more…

DataRobot Nabs $300M, Algorithmia

In a move to solidify its position in the emerging market for enterprise AI platforms, DataRobot today announced the completion of a $300 million Series G round of funding at a valuation of $6.3 billion. The Boston compa Read more…

Alation Adds $110M to Its Catalog

Alation, the company that put the data catalog on the map, today announced the completion of a Series D round of funding worth $110 million. The influx of cash coincides with a $1.2 billion valuation, and gives the unico Read more…

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