Dremio Raises $25M in Series B Financing

Dremio, a Mountain View, CA-based self-service data company, closed $25m in Series B funding.

The round was led by new investor Norwest Venture Partners with participation from existing investors Lightspeed Venture Partners and Redpoint Ventures.

The company, which has raised a total of $40m, intends to use the funds to further expand its engineering and sales teams and increase its international reach.

Founded in 2015, by Tomer Shiran, CEO, Dremio provides a data analytics platform which allows business users to curate precisely the data they need, from any data source, then accelerate analytical processing for BI tools, machine learning, data science, and SQL clients.
Customers include leading organizations in the US, Europe, Asia and Australia, such as Daimler, OVH, Quantium and TransUnion.



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