Alibaba and Sistema VC returned for a $39.4m round that took the total raised by the data analysis platform developer to more than $76m.
Israel-based data analytics software developer SQream Technologies secured $39.4m on Wednesday in a series B-plus round featuring e-commerce firm Alibaba and Sistema VC, the corporate venture capital arm of diversified conglomerate Sistema.
Investment firm Mangrove Capital Partners and family office Schusterman Family Investments co-led the round, which included Hanaco Venture Capital, World Trade Center Ventures, Blumberg Capital and Silvertech Ventures, an affiliate of real estate developer Silverstein Properties.
SQream has built a software platform that leverages graphics processing units to…
