Sigma Raises $200M in Funding to Expand Cloud Analytics Solution

Sigma's Series D Funding

Key Highlights:

• Series D Funding: Raised $200 million in Series D funding, led by Spark Capital and Avenir Growth Capital.
• Investor Participation: Participation from new investor NewView Capital and existing investors Snowflake Ventures, Sutter Hill Ventures, D1 Ventures, Xn Ventures, and Altimeter Capital.
• Business Expansion: Funds will be used to expand operations and reach of Sigma's cloud analytics solution.

Sigma's Target Market

• Target Market: Businesses of all sizes looking for a cloud-native analytics solution to analyze large volumes of data.
• Cloud-Adopting Companies: Ideal for companies that have transitioned their infrastructure and data to the cloud.
• Business Intelligence Professionals: Professionals seeking innovative tools for data analysis and business intelligence.

What Sigma Needs to Buy

• AI and Data Science Expertise: Partnerships with AI and data science experts to enhance their AI infrastructure and capabilities.
• Product Development and Enhancement: Investments in research and development to continuously improve their cloud analytics solution.
• Marketing and Sales Support: Services to support marketing and sales efforts, including lead generation and customer acquisition.