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Sigma Computing Raises $200M in Series D, Valued at $1.5B, Up 60% from 2021

May 16, 2024, 01:20 PM

Sigma Computing, a provider of cloud data analytics tools, has raised $200 million in a Series D funding round, valuing the company at $1.5 billion. This marks a 60% increase in valuation from 2021. The company's total funding now stands at $581 million. Sigma's tools are noted for their collaborative capabilities and integration with SnowflakeDB, enhancing data application development and decision-making within companies. Spark Capital and Avenir have highlighted the benefits of Sigma's tools in driving higher velocity decision-making and data application development. The news was first reported by TechCrunch.