Explore the list of top big data companies that raised mammoth amounts throughout 2020

Big data and analytics has become a very competitive vendor landscape as it is a vibrant technology domain. Big data refers to a fusion of structured and unstructured data gleaned by organizations that can be extracted for actionable insights. With the evolution of advanced analytics solutions, big data and analytics companies are emerging rapidly, helping enterprises with their data processing. They are also attracting increasing interest from investors.

Here we have compiled a list of the top 10 big data investment and funding rounds of 2020.

Snowflake

Snowflake, a cloud data platform that provides a data warehouse-as-a-service designed for the cloud, in February raised a whopping amount of US$479 million in a Series G financing round. The funding comes as Snowflake has emerged as one of the fastest-growing businesses in the cloud category, both partnering and competing with leading public players including Amazon, Google and Microsoft. The round was led by Dragoneer Investment Group and Salesforce Ventures.

Collibra

Collibra is a data intelligence company that delivers the only end-to-end data intelligence platform to stimulate digital business transformation. In April, the company bagged US$112.5 million in a Series F financing round. As the round was led by ICONIQ Capital, Index Ventures, and Durable Capital Partners LP, it brought Collibra's total funding amount to US$345.5 million.

Sisense

Leading business analytics software company Sisense in January secured US$100 million to continue power its market-leading growth and rapid customer adoption. As with this funding, Sisense's total valuation reached over US$1 billion, it will accelerate innovation and scale across the globe. Insight Venture Partners along with participation from new investor Access Industries and existing investors Bessemer Venture Partners, Battery Ventures, DFJ Growth, and others led the round.

Dremio

Dremio empowers business users to curate the data they need, from any data source. In March, the company received US$70 million in a Series C round. Dremio allows enterprise analytics and data teams to connect directly to data sets stored in AWS S3, Microsoft ADLS, and on-premises Hadoop, without having to send their data to Dremio or copy and move it into proprietary data warehouses. The round was led by new investor Insight Partners, with participation from existing investors Cisco Investments, Lightspeed Venture Partners, Norwest Venture Partners and Redpoint Ventures.

Domino Data Lab

Leading enterprise data science platform Domino Data Lab in May raised US$43 million in a Series F funding round. Led by Highland Capital Partners, joined by Highland Europe, and long-time customer and partner Dell's investment arm, Dell Technologies Capital, as well as existing investors Sequoia Capital and Coatue Management, the round brought the total amount raised to US$128 million.

Explorium

Explorium offers a new breed of data science platform powered by augmented data discovery and feature engineering. In July, the bagged US$31 million in a Series B funding round for its advanced data science platform powered by automated data discovery. The round was led by existing investor Zeev Ventures and joined by ex-Twitter leadership's 01 Advisors and Sir Ronald Cohen's Dynamic Loop, with the participation of seed investors Emerge and F2 Capital. This financing brings Explorium's total funding to US$50 million.

data.world

Cloud-native enterprise data catalog company data.world in September secured US$26 million in a venture capital round. The funding was led by Tech Pioneers Fund, along with new investors Breyer Capital, Prologis Ventures, and Alumni Ventures Group, and existing investors Shasta Ventures, OurCrowd, and Workday Ventures and others. This fresh capital allows data.world to expedite its agile data governance initiatives, scale to meet increased market demand for its enterprise platform, and continue to deliver its innovative brand of product and customer service.

Pyramid Analytics

Pyramid Analytics, the next-generation business intelligence platform for the enterprise, in March closed a funding round of US$25 million. The round was led by Jerusalem Venture Partners (JVP), with existing investors Sequoia Capital, Viola Growth, and Maor Investments to fuel Pyramid Analytics' growth. The fresh capital will be used to expand Pyramid Analytics' global footprint, deepen strategic alliances with partners, and assume a leadership position in the market.

Varada

A Tel Aviv-based data virtualization service Varada closed a US$12 million in a Series A funding round. The round was led by MizMaa Ventures, with participation from Gefen Capital and existing investors Lightspeed, StageOne Ventures and F2 Venture Capital. Varada aims to use the funds to expand operations and business reach.

GeoIQ.io

Location intelligence platform GeoIQ in November raised US$3.38 million in a seed funding round. The round was led by 9Unicorns, along with other backers Inflection Point (IP) Ventures, Kayenne, and investment platform LetsVenture. GeoIQ.io provides a map-based intelligent platform with single-click access to street-level location data – demographics, competitions, movements – for retail.