Yellowbrick Data, a Palo Alto, Calif.-based modern data warehousing company, raised $75 million in Series C1 funding.
The Series C1 funding added three new investors, including institutional investor Citadel, and existing investors including Third Point Ventures, Menlo Ventures, Next47, DFJ Growth, Threshold Ventures, GV, and IVP.
The company intends to use the funds to accelerate growth in sales of its cloud data warehouse.
Company: Yellowbrick Data, Inc.
Raised: $75.0M
Round: Series C1
Funding Month: November 2021
Lead Investors:
Additional Investors: Citadel, Third Point Ventures, Menlo Ventures, Next47, DFJ Growth, Threshold Ventures, GV, and IVP
Company Website: http://yellowbrick.com/
Software Category: Cloud Data Warehouse is a software-as-a-service (SaaS) platform
About the Company: Founded in 2014, Led by CEO Neil Carson, Yellowbrick provides a cloud-native data warehouse used by organizations of all sizes to get answers to business questions, power their decision-making, and get real-time insights. Yellowbrick also offers the ability to run analytic workloads in public or private clouds, at the network edge, or any combination, with the choice of usage-based pricing or predictable fixed cost subscription. Customers include Cardlytics, Sunny Optical Technology, CJ Olive Networks, and National General Insurance.
Source: https://www.finsmes.com/2021/11/yellowbrick-data-raises-75m-in-series-c1-funding.html