Dremio Raises $135M in Series D Funding

Dremio Raises $135M in Series D Funding

Data lake transformation startup Dremio, situated in Santa Clara, California, secured 135m series sapphire ventures in Series D funding. Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, Redpoint Ventures, and Cisco Investments, in addition to other current investors, participated in the round, which increased the company’s valuation to $1 billion. Sapphire Ventures served as the…

Read More

Laiye Raises $50M in Series C+ Funding

Laiye 50m series A $50 million Series C+ fundraising round was completed by the Chinese intelligent automation business Laiye. The Shanghai Artificial Intelligence Industry Equity Investment Fund and the Ping An Global Voyager Fund jointly led the round, which also included Lightspeed China Partners, Lightspeed Venture Partners, Sequoia Capital China, and Wu Capital. The company…

Read More