Firebolt Raises $37M in Funding

Firebolt, a Tel Aviv, Israel-based provider of a cloud data warehouse, purpose-built for high performance analytics, raised $37m in funding.

Backers included Zeev Ventures, TLV Partners, Bessemer Venture Partners and Angular Ventures.

The company intends to use the funds to expand operations, business reach and development efforts.

Co-founded by CEO Eldad Farkash and  COO Saar Bitner, Firebolt provides a cloud data warehouse that delivers a sub-second interactive analytics experience with terabytes to petabytes of data. It enables analysts, employees and end customers to gain the insights they need without having to wait for the results or worry about costs.



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