Dremio

Dremio, the innovation leader in data lake transformation, today announced the appointment of Robin Matlock to the Board of Directors and Anita Pandey as Chief Marketing Officer. Dremio makes cloud data warehouses obsolete, bringing data warehouse functionality to cloud data lakes through direct queries for high performing dashboards and analytics. Gone is the requirement to copy data into data warehouses first – a costly, complex, risky and inflexible process. Marketing Technology News: Post-Cookie Marketing: Why…

New Funding Led by Sapphire Ventures Brings Dremio’s Valuation to $1 Billion Dremio, the innovation leader in data lake transformation, announced it has raised $135 million in Series D funding, bringing the company’s valuation to $1 billion. This preemptive fundraising occurred just nine months after a $70 million round led by Insight Partners in March 2020. The new fundraising round is led by Sapphire Ventures with participation from existing Dremio investors: Insight Partners, Lightspeed Venture Partners, Norwest Venture…

Dremio 4.0 Dramatically Improves Performance and Delivers a Self-Service Semantic Layer for Data in ADLS, S3, and Other Data Sources Dremio, the data lake engine company, announced the release of its Data Lake Engines for AWS, Azure, and Hybrid Cloud. This version of Dremio’s open source platform includes advanced columnar caching, predictive pipelining, and a new execution engine kernel delivering up to 70x increases in performance. “We process hundreds of thousands of transactions on a daily basis and produce insights…