Tabular Closes $26 Million in Funding

by Kay Aloha Villamor in September 20th, 2023

Tabular, a San Jose, CA-based independent data platform based on Apache Iceberg, closed a $26 million funding round, bringing its total investment to $37 million.

SaaS Investors

The round was led by Altimeter Capital, with participation from Andreessen Horowitz (which led a previous funding round) and Zetta Venture Partners.

Tabular Use of Funds

The funding will be used to expand Tabular's market reach beyond AWS to include Google Cloud, Azure, and MinIO object storage for on-premises and hybrid cloud deployments.

About Tabular

Founded by Ryan Blue, Dan Weeks, and Jason Reid, Tabular provides an independent data platform that enables businesses to query data flexibly and secure it with access controls. It eliminates the pain data engineers and data scientists endure fighting the shortcomings of their data infrastructure. The Tabular platform – available on AWS and GCP (preview) – is the easiest path to success with Iceberg-based storage. It is a cloud-native SaaS offering that supports a wide range of compute engines. It auto-optimizes storage for faster, cheaper queries and provides centralized RBAC, enforced down to the data table level.

Funding Details

Company: Tabular Technologies, Inc.

Raised: $26.0M

Round: Unknown 

Funding Month: September 2023

Lead Investors: Altimeter Capital

Additional Investors: Andreessen Horowitz and Zetta Venture Partners

Company Website: https://tabular.io/ 

Software Category: Data Automation Platform

Source: https://www.businesswire.com/news/home/20230919876739/en/Tabular-Secures-26M-for-Independent-Data-Platform-based-on-Apache-Iceberg

 

 


Your cart