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Upsolver Raises $25M Series B Round To Reinvent Analytics On Cloud Data Lakes

Apr 06, 2021•over 4 years ago

Amount Raised

$25 Million

Round Type

series b

Sunnyvale

Description

Upsolver, the only no-code data lake engineering platform for agile cloud analytics, today announced $25 million in Series B financing led by Scale Venture Partners (Scale). Existing investors JVP, Vertex Ventures US, and Wing Venture Capital also participated in the round. As part of the investment, Ariel Tseitlin — Partner at Scale and former Head of Netflix Cloud Solutions — has joined Upsolver’s board of directors. The company also announced its free Upsolver Community Edition, an integral part of the Upsolver platform that delivers on its vision for universal access to cloud data.

Company Information

Company

Upsolver

Location

Sunnyvale, California, United States

About

Upsolver is the only no-code data lake engineering platform for agile cloud analytics. Co-founded by CEO Ori Rafael and CTO Yoni Eini in 2014, Upsolver helps organizations such as Cox Automotive, ironSource, and Sisense make cloud data analytics-ready in days, through a visual SQL UI and unique automation of data lake engineering best practices. With headquarters in Silicon Valley, Upsolver is a global company operating across North America, Europe, and Israel. The company has raised $42 million in funding from investors, including Scale Venture Partners, Vertex Ventures US, Wing Venture Capital, and JVP.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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