Venture Capital

Upsolver Enables No-code Data Analytics In The Cloud With $25M Funding | Venturebeat

by posted 5months ago 115 views
Upsolver, a company offering a no-code platform for cloud analytics workloads, has raised $25 million in funding. : Upsolver, a no-code startup that enables analytics on cloud data lakes, this morning announced that it raised $25 million in financing led by Scale Venture Partners. The company, which also today launched a free community edition of its product, says the funds will be used to hire engineers and scale its go-to-market efforts. Enterprises are rapidly adopting the cloud — 68% of CIOs ranked migrating to the cloud as their top IT spending driver in 2020, according to a Deloitte survey.