Dremio is a cloud-based analytics and data lake engine empowering enterprises to perform high-performance queries directly on data lakes. The platform eliminates data silos by combining data warehouse speed with data lake scalability, allowing businesses to analyze diverse datasets efficiently. With features such as SSO authentication, workload management, predictive pipelining, and automated backups, Dremio enhances collaboration and control over enterprise data. Its self-service model enables faster insights and reduced dependence on traditional ETL pipelines, transforming how businesses extract value from data.
What Is Dremio and What Does It Do?
Dremio, founded in 2015 by Tomer Shiran and Jacques Nadeau, is a Mountain View-based (United States) company specializing in cloud-based analytical processing and data lakehouse solutions.
Dremio employs between 201 and 500 and provides a self-service analytics platform that enables organizations to query data directly from lakes or warehouses without data movement. Its architecture supports enterprise-grade data security, governance, and performance optimization, making it a critical tool for modern, scalable, and cost-efficient data management.
How Much Funding Has Dremio Raised?
- Series E • Amount Raised: $160 million • Date: January 2022 • Lead Investors: Adams Street Partners, Sapphire Ventures, Insight Partners, Lightspeed Venture Partners, StepStone Group, DTCP, Cisco Investments, Norwest Venture Partners • Motivation: To scale Dremio’s data lakehouse technology and accelerate AI-driven analytics development.
- Series D • Amount Raised: $135 million • Date: January 2021 • Lead Investors: Sapphire Ventures, Insight Partners, Lightspeed Venture Partners, Redpoint Ventures, Cisco Investments, Norwest Venture Partners • Motivation: To expand enterprise adoption and strengthen product infrastructure.
- Series C • Amount Raised: $70 million • Date: March 2020 • Lead Investors: Insight Partners, Cisco Investments, Lightspeed Venture Partners, Redpoint Ventures, Norwest Venture Partners • Motivation: To enhance cloud-native data services and grow global operations.
Total Funding Raised: $420 Million
Current Valuation: $2 Billion (as of January 2022)
Latest Funding Date: January 2022
Key Investors
- Sapphire Ventures • Details: A global venture capital firm that invests in growth-stage technology companies. • Investment Focus Areas: SaaS, data analytics, enterprise tech, and AI infrastructure. • Notable Investments: Dremio, Snyk, Alation, and GitLab.
- Insight Partners • Details: A leading New York–based venture capital and private equity firm investing in growth-stage software and data companies. • Investment Focus Areas: Data management, AI, cybersecurity, and SaaS. • Notable Investments: Monday.com, Wiz, and WalkMe.
- Lightspeed Venture Partners • Details: A multi-stage venture capital firm with global investments in enterprise and consumer tech. • Investment Focus Areas: Cloud infrastructure, AI, and developer platforms. • Notable Investments: Nutanix, MuleSoft, and Snap.
- The Private Shares Fund • Details: A late-stage investment fund focusing on high-growth private technology companies. • Investment Focus Areas: Big data, AI, and SaaS infrastructure. • Notable Investments: Dremio, Databricks, and Stripe.
Where Is Dremio’s Headquarters?
Dremio is headquartered in Mountain View, California, at the heart of Silicon Valley’s technology ecosystem. This strategic location gives the company access to world-class engineering talent, enterprise partners, and cloud innovation hubs, supporting its mission to democratize analytics and redefine enterprise data architecture.
What’s Next for Dremio?
Dremio is expanding its cloud data lakehouse capabilities to enable faster, AI-powered analytics at scale. The company aims to strengthen integrations with tools like Snowflake and Databricks while enhancing open-source community adoption. With robust investor backing and rising enterprise demand for real-time insights,
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