Yellowbrick Data Raises $75M in Series C1, Sees Adoption of Its Cloud Data Warehouse Accelerating
Summary
We’re thrilled to invest in what will be the new standard in data warehousing and analytics,” said Josh Woods, head of options, ETF, CES, and research technology for Citadel Securities. “Customers much prefer our modern Kubernetes-based, truly cloud-native architecture which allows a choice of pricing models.” “Data is becoming more distributed at the very moment when real-time analytics are business-critical,” said Mike Leone, senior analyst at ESG. “Yellowbrick’s compelling vision for bringing data warehousing to a distributed cloud architecture shows an understanding of where the market is heading. Rapidly delivering on that cloud vision puts Yellowbrick in a league of its own when it comes to knowing data analytics must be as flexible as possible to meet business needs.” Early customer, Matthias Baumhof, CTO of LexisNexis Risk Solution agrees. Some of the recent new customers added by the company include Cardlytics, Sunny Optical Technology, CJ Olive Networks, and National General Insurance.
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