dbt Labs: Raises $150M in Series C Funding

dbt Labs Raises $150M in Series C Funding

• dbt Labs, a Philadelphia PA-based company which enables analysts to create and disseminate organization knowledge, raised $150M in Series C funding
• The round was led by Altimeter, Sequoia Capital, Andreessen Horowitz with participation from Amplify Partners
• The company intends to use the funds to make investments in building analytics engineering tooling for the data analyst
• Led by CEO Tristan Handy, The company provides a platform for analysts to create and disseminate organization knowledge
• Today there are 5,500 companies using dbt every week, 15,000 data professionals in the dbt Community Slack, and 1,000 companies paying for dbtCloud
• dbtLabs is recognized as an Amazon Select Technology Partner, a Google Build Partner, and served as a launch partner for Databricks SQL and Databricks-on-GCP