{"id":2768,"date":"2017-06-22T12:16:29","date_gmt":"2017-06-22T16:16:29","guid":{"rendered":"https:\/\/solutionsreview.com\/business-intelligence\/?p=2768"},"modified":"2017-06-22T12:21:38","modified_gmt":"2017-06-22T16:21:38","slug":"top-x-data-and-analytics-vendor-funding-rounds-of-2017-so-far","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/business-intelligence\/top-x-data-and-analytics-vendor-funding-rounds-of-2017-so-far\/","title":{"rendered":"Top-5 Data and Analytics Vendor Funding Rounds of 2017 (So Far)"},"content":{"rendered":"

\"Top-5<\/p>\n

Big Data is big business, and the marketplace for data analytics software is gushing with innovative options to make use of organizational information assets. Proliferation in data analysis has seen a vibrant technology landscape grow even brighter, with lots of interest from outside firms to get in on the action. With billions invested and trillions in valuation, Big Data providers are beginning to emerge as some of the fastest-growing companies on the planet. These five solution providers have cashed in, and represent the five largest funding rounds of\u00a0the year to date.<\/p>\n

<\/div><\/p>\n

Collibra ($50M, January)<\/strong><\/h4>\n

Collibra was founded in 2008 and offers an automated Data Governance solution\u00a0that focuses on business applications. Their $50 million-dollar January round<\/a> was led by\u00a0ICONIQ Capital with participation from Battery Ventures and existing backers Dawn Capital, Index Ventures and Newion Investments. The investment brings the company\u2019s total earned to more than $74 million.\u00a0Over the past year, Collibra has addressed the increased demand for its data governance solutions. The company\u2019s global partner ecosystem now includes more than 200 organizations globally.<\/p>\n

<\/div><\/p>\n

Alteryx ($126M, March)<\/strong><\/h4>\n

Alteryx rang the opening bell<\/a> at the New York Stock Exchange back in March in celebration of its initial public offering (IPO). To do so, the self-service analytics provider raised $126 million<\/a> and released 9,000,000 shares of its Class A common stock at a price of $14 per share. Founded in 2010 and based in Irvine, California, Alteryx has raised $163 million in investment funding since 2013. Goldman, Sachs & Co. and J.P. Morgan Securities LLC acted as joint book-running managers for the offering. Alteryx now trades under the symbol AYX.<\/p>\n

<\/div><\/p>\n

Looker\u00a0($81.5M, March)<\/strong><\/h4>\n

Looker’s March 30th Series D<\/a> was worth just north of $81 million. The round was led\u00a0by CapitalG, Alphabet\u2019s growth equity fund and included\u00a0participation from new investors Geodesic Capital\u00a0and Goldman Sachs, as well as from Looker\u2019s previous investors Kleiner Perkins Caufield & Byers, Meritech Capital Partners, Redpoint Ventures and Sapphire Ventures. Looker has expanded its product capabilities and invested in Asia Pacific markets as a result.\u00a0Since being founded in 2011, Looker has raised<\/a> more than $177 million.<\/p>\n

<\/div><\/p>\n

Snowflake\u00a0($100M, April)<\/strong><\/h4>\n

Snowflake’s April D round<\/a>\u00a0was led by ICONIQ Capital and accompanied by Madrona Venture Group. Existing partners also contributed.\u00a0Snowflake offers a fully-managed service with a pay-as-you-go model that works on structured and semi-structured data. New funding has propelled the Data Management provider to\u00a0expand operations across the US and UK and establish connections with the EU and Asia Pacific. The company also plans to grow it\u2019s engineering team for their cloud data warehouse product and deliver feature enhancements to cloud and on-prem solutions.<\/p>\n

<\/div><\/p>\n

Rubrik ($180M, May)<\/strong><\/h4>\n

Rubrik secured $180 million in Series D in May at a valuation of $1.3 billion. With the injection, the company has raised more than $290 million since its founding in 2014. This news came on the heels of their\u00a0last venture funding round<\/a> in August of 2016. Rubrik offers a cloud Data Management platform that is used by some of the world’d largest firms.\u00a0Most recently, the company announced Rubrik for AWS and Azure cloud native applications and data orchestration across clouds. Additionally, they\u2019ve hired more than 330 new employees and expanded to five continents in the last year.<\/p>\n

<\/div><\/p>\n

\t\t\t

\"Insight<\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"

Big Data is big business, and the marketplace for data analytics software is gushing with innovative options to make use of organizational information assets. Proliferation in data analysis has seen a vibrant technology landscape grow even brighter, with lots of interest from outside firms to get in on the action. With billions invested and trillions […]<\/p>\n","protected":false},"author":23,"featured_media":2769,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[61,592,57,50,591,347],"acf":[],"yoast_head":"\nTop-5 Data and Analytics Vendor Funding Rounds of 2017 (So Far)<\/title>\n<meta name=\"description\" content=\"Big Data is big business, and these data and analytics solution providers have garnered interest from outside investors in a vibrant marketplace.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/business-intelligence\/top-x-data-and-analytics-vendor-funding-rounds-of-2017-so-far\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tim King\" \/>\n\t<meta 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