What is AtScale?
AtScale provides a unified, secure, and governed workspace designed for distributed data environments. Its core technology, the Cloud OLAP Engine, coupled with Autonomous Data Engineering and a Universal Semantic Layer, empowers businesses to achieve faster and more accurate decision-making through enhanced business intelligence and machine learning capabilities. This comprehensive approach enables organizations to derive greater value from their data assets at scale.
How much funding has AtScale raised?
AtScale has raised a total of $172.8M across 8 funding rounds:
Private Equity
$2M
Private Equity
$700K
Series A
$7M
Series B
$11M
Private Equity
$15M
Series C
$25M
Series D
$50M
Private Equity
$62.1M
Private Equity (2013): $2M, investors not publicly disclosed
Private Equity (2014): $700K, investors not publicly disclosed
Series A (2015): $7M supported by AME Ventures, Storm Ventures, UMC Capital, and X/Seed Capital
Series B (2016): $11M featuring AME Ventures, Storm Ventures, Umc Capital, XSeed Capital, and Comcast Ventures
Private Equity (2017): $15M, investors not publicly disclosed
Series C (2017): $25M with participation from UMC Capital, XSeed Capital, Wells Fargo Securities, Comcast Ventures, Atlantic Bridge Capital, Industry Ventures, and Storm Ventures
Series D (2018): $50M led by Morgan Stanley, Wells Fargo, Atlantic Bridge Capital, and Storm Ventures
Private Equity (2026): $62.1M, investors not publicly disclosed
Key Investors in AtScale
Storm Ventures
Storm Ventures is an early-stage venture capital firm focused on B2B software startups, specializing in areas such as artificial intelligence, enterprise infrastructure, and cybersecurity. With over 23 years of experience and more than 200 investments, they assist founders globally in navigating their journey from inception to becoming industry leaders.
Comcast Ventures
Comcast Ventures, founded in 1999, is the venture capital affiliate of Comcast Corporation. Based in North America with offices in San Francisco, New York, Philadelphia, and Los Angeles, the firm focuses on investing in consumer, enterprise, and frontier technology companies.
Atlantic Bridge Capital
Summit Bridge Capital (www.summitbridgecapital.com) is a growth technology fund co-managed by Atlantic Bridge Capital and WestSummit Capital Management. The Fund targets cross-border companies operating in core technology sectors such as internet, software and cloud, among others.
What's next for AtScale?
The substantial enterprise-level funding and recent strategic investment indicate AtScale is poised for significant scaling and market penetration. This capital infusion will likely be directed towards further enhancing its technological offerings, expanding its global reach, and strengthening its competitive advantage in the rapidly evolving data analytics and AI landscape. The company's focus on providing a robust platform for BI and ML suggests a strategic push to capture a larger share of the enterprise data management market.
See full AtScale company page
