Israeli cloud data company, Firebolt Analytics completes USD 100 million financing, at USD 1.4 billion valuation

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Alkeon Capital Management has completed its investment in the USD 100 million Series C Preferred Stock Financing of Firebolt Analytics, Inc. (“Firebolt”),
at a USD 1.4 billion valuation to build the global cloud data warehouse.

This latest round of funding brings its total investment to USD 269 million.

New York-based cross-over hedge fund, Alkeon was the lead investor with investors Zeev Ventures, Angular Ventures, and Bessemer Ventures also participating.

Firebolt is a Tel Aviv, Israel-based company that has developed a cloud data warehousing platform that allows users to quickly and efficiently streamline their analytics and access to insights.

The Goodwin team included John Casnocha, Kyle Dowling, and Ari Ghavami (Corporate); Jacob Osborn, Amy Josselyn, Ce Li, and Carrie Miller (Global Trade); Ben Horwitz, Chris Chuang, and Connie Lee (IPTS); Eric DiIulio (Privacy); and Ora Grinberg (Tax), with support from Ben Sneider (Corporate), Monica Patel (Exec Comp), and Israeli local counsel, H-F & Co.