Wednesday, October 16, 2024
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New York

Firebolt: Raises $100M in Series C Funding at $1.4 Billion Valuation

Firebolt Raises $100M in Series C Funding at $1.4 Billion Valuation

  • Firebolta San Francisco, CA-based cloud data warehouse for builders of next-gen analytics experiences, raised $100m in Series C funding round, reaching a $1.4 Billion valuation
  • The round, which brought total funding to $269m, was led by Alkeon Capital with participation from Sozo Ventures, Glynn Capital, and existing investors
  • The company intends to use the funds to further expand its product and engineering teams and its business reach
  • The company building a versatile cloud data warehouse that efficiently manages huge volumes of data for engineering teams building analytics experiences
  • With this new funding round, the company is also opening of its Seattle office
  • The platform also has offices in Tel Aviv and Munich

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