Capital One Ventures and Snowflake Ventures backed the data analytics software developer in a round that more than doubled its valuation to $4.2bn.

US-based analytics software provider ThoughtSpot secured $100m yesterday in a series F round featuring data software producer Snowflake and financial services firm Capital One at a valuation of $4.2bn.

Venture capital firm March Capital led the round, which included investment and financial services group Fidelity, Lightspeed Venture Partners, Khosla Ventures, Sapphire Ventures, General Catalyst and Singaporean sovereign wealth fund GIC.

The round increased the company’s total funding to $674m. Capital One and Snowflake invested through their respective corporate venturing units:…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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