SQream shouts about corporate backing

Jun 5, 2018 • James Mawson

The $26.4m series B round included Alibaba, Sistema.vc and Silvertech Ventures.

Israel-based database developer SQream has raised $26.4m in a series B round from a consortium led by e-commerce group Alibaba.

The round also included conglomerate Sistema’s corporate venturing unit Sistema.vc and Silvertech Ventures, which collaborates with real estate developer Silverstein Properties.

Venture capital firms Hanaco Venture Capital, World Trade Ventures, Paradiso Ventures and Glory Ventures also took part in the round.

SQream was founded in 2010 and its analytical database enables companies to analyse up to 20 times more data,…

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