Siemens and Alphabet both backed the data warehousing platform developer in a series C1 round that hiked its overall funding to nearly $250m.

US-based data warehousing software provider Yellowbrick Data has completed a $75m series C1 round featuring subsidiaries of industrial equipment and appliance manufacturer Siemens and internet and technology group Alphabet.

Hedge fund Citadel and Third Point Ventures, the venture capital arm of investment manager Third Point, also took part in the round, as did Menlo Ventures, DFJ Growth, Threshold Ventures and IVP, while Siemens and Alphabet invested through Next47 and GV respectively.

Yellowbrick has created a cloud-based data warehousing platform which…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.