Sigma Computing Raises $80 Million, Betting on AI Agents for 'Analysis Without Data Movement'
Cloud-based data analytics startup Sigma Computing has raised $80 million in Series E funding, doubling its valuation to $3 billion in one year. The round was led by Princeville Capital with new investors including Databricks Ventures, ServiceNow Ventures, and Workday Ventures. Rapid performance growth, with annual recurring revenue (ARR) reaching $200 million, is cited as the reason for the surge in valuation.
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