SQream Raises $45M in Series C Funding

Funding Rounds

▤ Summary

SQream, a Tel Aviv, Israel-based data and analytics accelerator company, raised $45M in Series C funding. The round was led by World Trade Ventures, with participation from new and current investors, including Schusterman Investments, George Kaiser Foundation (Atento), Icon Continuity Fund, Blumberg Capital, and Freddy & Helen Holdings. The company intends to use the funds to further expand its presence in North America, extend its strategic partnerships and propel advancements in AI/ML enterprise capabilities and big data analytics. Its GPU-based technology empowers businesses to overcome dataset limits and query complexity to analyze exponentially more data and get fast insights. Customers include enterprises across a range of industries such as semiconductors, manufacturing, telecomms, financial services, and healthcare.

$ Funding

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Amount $45.0M Total raised
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Date September 12, 2023 Announcement date
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Investors - Lead investors
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Company - Funded company

▥ Classifications

industries
No industries detected
applications
Business Intelligence

◇ AskAI Classifications

Labels
Data Analytics Software GPU-Accelerated Database Software Machine Learning and AI Software

▦ Linked Companies

SQream
$1M to $5M