Hakkoda Raises Funding

Hakkoda

Hakkoda, a NYC-based cloud data company specializing in Snowflake, secured new investment capital from Tercera, Lead Edge Capital, and several additional individual investors.

The amount of the deal was not disclosed.

The company intends to use the funds to further its leadership in the healthcare and financial services industries, extend its data and AI capabilities deeper into marketing technology (MarTech) and logistics, and expand into the UK, Ireland, and Portugal, where Hakkoda has begun building out a services delivery center.

Led by Erik Duffield, chief executive officer, Hakkoda is a data engineering consultancy specializing in Snowflake. The company embraces a subscription model that works the way the cloud works — providing on-demand access to data engineers, architects, machine learning and application development experts. .

To drive its international expansion, Hakkoda named Stephen Barrett as Vice President of Growth for the UK and Ireland. In this role, Barrett will be responsible for growing and managing the local Hakkoda team and helping Hakkoda clients unlock the full potential of their data. He spent more than a decade at Salesforce, most recently as Vice President of Customer Transformation, Digital Customer Experience.

FinSMEs

24/05/2023