Data analytics engineering group DBT Labs closed a $222m series D round including several corporates while 4Paradigm has filed an IPO prospectus again after its earlier attempt expired.
Funding
US-based analytics engineering technology developer DBT Labs has raked in $222m in series D funding at a $4.2bn valuation in a round featuring data analytics software groups Databricks and Snowflake as well as GV and Salesforce Ventures, vehicles for conglomerate Alphabet and enterprise software supplier Salesforce respectively. Investment firm Altimeter Capital Management led the round, which included Amplify Partners, Andreessen Horowitz, Sequoia, Coatue, Tiger Global, Iconiq Growth and GIC.
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