Friday, 24 March, 2023

Israeli cloud data company Firebolt raises $100M in funding

<p>Isreal-based data warehousing firm, Firebolt said it raised $100M in a private funding round, bringing its valuation to $1.4B. The latest round brings total funds raised to $269M. Firebolt claims to have created a new type of cloud data warehouse that can analyze large amounts of data quickly and at a lower cost. The new funds will be used to expand its product and engineering teams, according to the company.</p>