SQream Raises $39.4 Million in Series B+ Financing Round to Accelerate its Deep Tech Product Innovation for the Rapid Analytics of Massive Data Stores

 SQream, provider of a data analytics acceleration platform that enables enterprises to gain insights from their massive data stores, announced today that it has raised $39.4 million in Series B+ funding. The round was led by Mangrove Capital Partners and Schusterman Family Investments, who joined existing investors, including Hanaco Venture Capital, Sistema VC, World Trade Center Ventures, Blumberg Capital, Silvertech Ventures and Alibaba Group (NYSE: BABA). The proceeds of the investment will be used to recruit top talent to accelerate advancements in the Company's technology and cloud innovation, and customer delivery platforms to better serve worldwide demand.