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
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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