Cisco Investments returned for a round that boosted the data management technology provider's valuation to the $1bn mark.
US-based data storage platform developer Dremio received $135m yesterday in a series D round that included networking technology producer Cisco’s corporate venture capital vehicle Cisco Investments.
VC firm Sapphire Ventures led the round, which was also backed by Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners and Redpoint Ventures. The funding was secured at a $1bn valuation.
Founded in 2015, Dremio provides software that brings an advanced query engine to data lake storage, enabling data analysts and scientists to find…
