Dremio Stock

dremio.comEnterprise Software / Data Management/​StorageFounded: 2015Funding to Date: $407.04MM

Dremio is a data lake service provider designed to deliver faster time to analytics and eliminates the need to copy and move data to proprietary data warehouses or create cubes, aggregation tables and BI extracts, providing flexibility and control for Data Architects, and self-service for data consumers.

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Team

Management Team

Tomer Shiran
Founder & Chief Product Officer
Anita Pandey
Chief Marketing Officer
Billy Bosworth
Chief Executive Officer
Alan Gibson
Chief Revenue Officer
Edward Sharp
Chief Financial Officer

Board Members

Rama Sekhar
Norwest Venture Partners
Barry Eggers
Lightspeed Venture Partners
Tomasz Tunguz
Redpoint Ventures

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Is Dremio a public company?

No, Dremio is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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Dremio does not have an official ticker symbol because this company is not currently publicly traded.
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The company says this preemptive round now brings Dremio’s valuation to $2B, up from $1B when it raised its Series D round just over a year ago. This new funding gives Dremio a lot of room to expand its engineering team, to triple the company’s sales capacity and to greatly expand its go-to-market in Europe this year.
Dremio launches the Dart Initiative to make running SQL queries across data lakes spanning multiple cloud storage services more efficient.
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.
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.
Updated on: Jul 26, 2024

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