Firebolt Announces Series C Round at $1.4 Billion Valuation to Build the World’s Fastest and Most Versatile Cloud Data Warehouse

Firebolt, the cloud data warehouse for builders of next-gen analytics experiences, announced a $100 million Series C funding round, reaching a $1.4 Billion valuation just 12 months after emerging from stealth mode. This latest round of funding brings its total investment to $269 million.The funding round was heavily oversubscribed and was finalized in record time. Firebolt selected Alkeon Capital to lead the round due to their vast experience in the data space and their exceptional track record in partnering with hyper growth companies. Other participants in the round included Sozo Ventures, Glynn Capital, and existing investors Zeev Ventures, Angular Ventures, Dawn Capital, Bessemer Venture Partners, K5 Global and TLV Partners

Read More