Venture Capital

Top Big Data Funding and Investments in February 2021


Analytics Insight listed the latest big data funding and investments happened in February 2021

Big data has become a buzzword in today’s digital age. With our every step of browsing on the internet, data is generated every minute and it is huge. By leveraging and processing such vast amounts of data, companies can garner enormous benefits and outstrip their peers. Big data analytics enables organizations to make informed data-driven decisions. It lets them harness the value of their data and derive insights to identify new opportunities. Big data and analytics solutions also lead to smarter business moves with efficient operations and higher ROI.

As the world is entirely driven by big data, companies are investing huge capital in big data and analytics solutions. Here are the top big data funding and investments occurred in February so far.



Amount Raised: US$105 Million

Transaction Type: Series C

Key Investor(s): Tiger Global Management

TigerGrap, a graph database platform provider for enterprise applications, raised US$105 million in a Series C funding round. Led by Tiger Global Management, the latest round brings TigerGrap’s total funding to over US$170 million. Along with the TigerGraphDB database, the company also offers a hosted service, TigerGraph Cloud, with pay-as-you-go pricing, hosted on AWS and Azure.



Amount Raised: US$100 Million

Transaction Type: Series D

Key Investor(s): Lightspeed Venture Partners

Matillion, a data transformation solution provider and an integration platform for cloud data warehouses, secured US$100 million in a Series D funding round. The round was led by Lightspeed Venture Partners with participation from Battery Ventures, Sapphire Ventures and Scale Venture Partners, as well as financing from Silicon Valley Bank’s U.K. branch. Matillion’s platform supports companies in moving their data to large cloud warehouses such as Snowflake.



Amount Raised: US$46 Million

Transaction Type: Series D

Key Investor(s): Jerusalem Venture Partners (JVP)

Leadspace, a B2B customer data platform, raised US$46 million in a Series D funding round. Led by JVP, the fresh capital will be used to grow the team in both Israel and the U.S. and keep up with the increasing demand. As the funding validates Leadspace as a front runner in a growing customer data platform market, JVP Founder and Executive Chairman, Erel Margalit, will serve as Chairman of the Board for the company.


Lusha Systems

Amount Raised: US$40 Million

Transaction Type: Series A

Key Investor(s): PSG

Lusha Systems is a B2B engagement platform that provides high-quality, unique premium data. The company has raised US$40 million in a Series A funding round from PSG, a leading growth equity firm. The capital will allow Lusha to further grow its sales community to make accurate data accessible to all B2B sales professionals through simple and cutting-edge sales technology.



Amount Raised: US$21 Million

Transaction Type: Series B

Key Investor(s): Oxx

Peak is a software platform that powers commercial decision-making for the smartest companies in the world with its AI software. The Manchester, UK-based company has bagged US$21 million in Series B funding led by Oxx, with participation from existing investors MMC Ventures and Praetura Ventures, and new investor Arete. The funds will enable Peak to speed up global expansion, with new offices opening in both the USA and India, as well as continued R&D investment.



Amount Raised: US$11.5 Million

Transaction Type: Series A

Key Investor(s): Patrick O’Shaughnessy

Prefect, a workflow management system designed for modern infrastructure, raised US$11.5 million in Series A financing led by Patrick O’Shaughnessy. Founded in 2018, Prefect’s unique hybrid execution model keeps customers’ code and data completely private while capitalizing on its managed orchestration service. The funds will be used to continue innovating its open-core platform, increase the headcount of its engineers, and scale its operations and go-to-market efforts.

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