Altimeter Capital

Sigma Raises $200 Million in Series D Funding

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星期四, 五月 16, 2024

The company announced it has raised $200M in Series D financing to continue transforming BI through its innovations in AI infrastructure, data application development, enterprise-wide collaboration, and business user adoption.

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The company announced it has raised $200M in Series D financing to continue transforming BI through its innovations in AI infrastructure, data application development, enterprise-wide collaboration, and business user adoption.
The Series D funding, raised at a valuation 60% higher than the company’s Series C round three years ago, promises to further accelerate Sigma’s growth.
“Spark Capital is proud to partner with Sigma on its journey toward building a market leading data analytics platform.
Those features include:
For more information on Sigma and how it's changing the way organizations use data, visit https://www.sigmacomputing.com/ .

CoreWeave Secures $1.1 Billion in Series C Funding to Drive the Next Generation of Cloud Computing for the Future of AI

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星期三, 五月 1, 2024

Cloud, AI, Partnership, Altimeter Capital, Cloud computing, Automation, Organization, Memory, GPU, Growth, Magnetar

"CoreWeave is designed specifically to tackle the most complex and pressing challenges in high performance compute.

Key Points:

"CoreWeave is designed specifically to tackle the most complex and pressing challenges in high performance compute.
With this new round, we will continue investing in and working with the largest AI enterprises in the world."
Trusted by leading AI labs and enterprises, CoreWeave Cloud manages complexity through automation to deliver the most performant and efficient cloud infrastructure for AI workloads.
Also in the last year, CoreWeave increased its data center presence from three to 14, and quadrupled its employee headcount.

GLG to Provide Expert Insights for Sohn Idea Contest for Innovative Investments

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星期三, 三月 20, 2024

Sohn Conference Foundation, Health, Conference, Elliott Investment Management, Partnership, Rockefeller University, COVID-19, Altimeter Capital, CNBC, Research, GLG, Pathology, Consultant

NEW YORK, March 20, 2024 /PRNewswire/ -- GLG, the world's insight network, will sponsor the Sohn Idea Contest of the 29th annual New York Sohn Investment Conference on April 3, 2024 at New York City's Lincoln Center, in partnership with CNBC. The contest is designed to identify the next big innovative, timely, and actionable investment idea, and the winner will work with GLG to enhance their presentation with top expert insights. The winner will then present on stage at the conference, which convenes top hedge fund and alternative investors to share market insights and raise funds in support of pediatric cancer research.

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The contest is designed to identify the next big innovative, timely, and actionable investment idea, and the winner will work with GLG to enhance their presentation with top expert insights.
GLG will help the winner of the Sohn Idea Contest advance their investment thesis with insights from leading experts around the world.
"We're proud to once again sponsor the Sohn Idea Contest to advance lifesaving cancer research while doing what we do best – fueling innovation with the power of expert insights."
In 2020 and 2021, The Sohn Conference Foundation provided funding for the university's development of a novel monoclonal antibody therapy for COVID-19.

Clumio Announces $75M Series D and 4X YoY Growth in ARR

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星期三, 二月 21, 2024

Cloud, Running, NPS, Risk management, Altimeter Capital, LexisNexis, S3, ARR, Index Ventures, PB, Amazon, Sutter Hill Ventures, Cava, Snowflake, AWS

"While many legacy vendors offer products for on-premise data protection, backup and recovery at public cloud scale is a significant technical challenge that Clumio is uniquely positioned to solve."

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"While many legacy vendors offer products for on-premise data protection, backup and recovery at public cloud scale is a significant technical challenge that Clumio is uniquely positioned to solve."
Clumio also announced a 4X growth in annual recurring revenue (ARR) in 2023, fueled by accelerated enterprise customer acquisition—software powerhouse Atlassian , legal and risk management leader LexisNexis , and recently public fast-casual restaurant chain Cava to name a few.
"Clumio helped us automate the resilience of Jira Cloud,” said Alex Grach, Head of Engineering, Core Engineering Services at Atlassian.
For its streak of innovation and momentum in 2023, Clumio was awarded InfoWorld Technology of the Year in the Cloud Compliance and Governance category.

Unlearn Raises $50 Million Series C to Optimize Clinical Research With AI-Powered Digital Twin Technology

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星期四, 二月 8, 2024

Founded in 2017 as an AI research company, Unlearn has always been at the forefront of developing innovative AI-based solutions for clinical trials.

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Founded in 2017 as an AI research company, Unlearn has always been at the forefront of developing innovative AI-based solutions for clinical trials.
Unlearn’s AI models generate an individual digital twin for every trial participant before they are randomized into the experimental or control arm.
“Breaking down these barriers and proving the value of digital twin technology continues to be a main driver for us at Unlearn.
“Unlearn is introducing powerful AI models to help make clinical research more streamlined and efficient,” said Pauline Yang, Partner at Altimeter Capital.

Snowflake Launches Powered By Snowflake Funding Program Investing Up to $100 Million in Innovative Apps in the Data Cloud

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星期三, 十一月 1, 2023

Snowflake (NYSE: SNOW), the Data Cloud company, today announced at its Snowday 2023 event, the launch of the Powered by Snowflake Funding Program, which intends to invest up to $100 million dollars toward the next generation of early stage startups building Snowflake Native Apps.

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Snowflake (NYSE: SNOW), the Data Cloud company, today announced at its Snowday 2023 event, the launch of the Powered by Snowflake Funding Program, which intends to invest up to $100 million dollars toward the next generation of early stage startups building Snowflake Native Apps.
The Powered by Snowflake Funding Program features leading venture capital firms Altimeter Capital, Amplify Partners, Anthos Capital, Coatue, ICONIQ Growth, IVP, Madrona, Menlo Ventures, Redpoint Ventures, and Snowflake Ventures.
As part of the Powered by Snowflake Funding Program, Amazon Web Services (AWS) will further fuel growth and innovation by providing up to $1M in free Snowflake credits on AWS over four years to startups building Snowflake Native Apps.
View the full release here: https://www.businesswire.com/news/home/20231101844221/en/
Snowflake Launches Powered By Snowflake Funding Program Investing Up to $100 Million in Innovative Apps in the Data Cloud (Graphic: Business Wire)
“A new way to deploy enterprise applications is emerging as companies look to bring their apps and application code closer to their data.

Tabular Secures $26M for Independent Data Platform based on Apache Iceberg

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星期二, 九月 19, 2023

Tabular , the provider of the only independent data platform based on Apache Iceberg, announced it has closed a $26M funding round, bringing total investment in the company to $37M.

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Tabular , the provider of the only independent data platform based on Apache Iceberg, announced it has closed a $26M funding round, bringing total investment in the company to $37M.
View the full release here: https://www.businesswire.com/news/home/20230919876739/en/
Tabular provides a universal storage engine based on Apache Iceberg.
Tabular customers will be able to add managed Iceberg to their Google stack, with support for Google Cloud Storage and Google BigQuery.
“Independent and open platforms such as Tabular offer a path to healthy competition and flexibility for enterprises.”
Tabular is the only independent Iceberg vendor in the market.

Grab Announces Strong First Quarter 2021 Results as Company Progresses Towards U.S. Public Listing in Partnership with Altimeter Growth Corp.

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星期一, 八月 2, 2021

Altimeter Capital Management, LP is a leading technology-focused investment firm built by founders for founders with over $15 billion in assets under management.

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Altimeter Capital Management, LP is a leading technology-focused investment firm built by founders for founders with over $15 billion in assets under management.
Altimeters mission is to help visionary entrepreneurs build iconic companies, disrupt markets and improve lives through all stages of growth.
Altimeter manages a variety of venture and public funds and serves as an expert long-term partner to companies as they enter the public markets.
Pre-InterCo means this segment data includes earnings and other amounts from transactions between entities within the Grab group that are eliminated upon consolidation.

Roblox Raises $520M led by Altimeter Capital and Dragoneer Investment Group

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星期三, 一月 6, 2021

Software, Technology, Internet, Roblox, Video gaming, David Baszucki, Computing, Software, Roblox, Altimeter Capital, Dragoneer

Roblox, a global online platform bringing people together through play, announced today it has raised $520 million in new Series H funding at a purchase price of $45.00 per share led by Altimeter Capital and Dragoneer Investment Group.

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Roblox, a global online platform bringing people together through play, announced today it has raised $520 million in new Series H funding at a purchase price of $45.00 per share led by Altimeter Capital and Dragoneer Investment Group.
The Investment Group of Santa Barbara and Warner Music Group, along with several current investors, also participated in this round.
Were thrilled to welcome Altimeter, Dragoneer and the other new investors, said David Baszucki, CEO and co-founder of Roblox.
Altimeter is a leading technology focused investment firm based in Silicon Valley with over $15 billion in assets from endowments, foundations, and family offices.