MotherDuck, a Seattle, WA-based provider of a data analytics platform, raised $47.5M in funding.
The $35M Series A funding round led by Andreessen Horowitz follows a $12.5M Seed round led by Redpoint. These investments put the company at a $175M valuation. Other investors included Madrona, Amplify Partners, and Altimeter.
The company intends to use the funds to build out its engineering and GTM teams and further expand the team’s collaboration with DuckDB Labs.
Led by CEO Jordan Tigani, MotherDuck provides a data analytics platform based on open source database DuckDB. DuckDB has achieved widespread adoption in the data community based on its ability to run everywhere (including in the browser), query data from anywhere without preloading it, and its execution of analytical queries based on the latest academic research.
FinSMEs
15/11/2022