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Business Intelligence Startup Looker Scoops Another $30m

by Dataconomy News Desk
March 16, 2015
in BI & Analytics, News
Home Topics Data Science BI & Analytics
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Looker, an intuitive SaaS business intelligence tool provider that assists companies dealing in Big Data analytics, recently announced closing a $30 million Series B financing round.

The round was spearheaded by Meritech Capital Partners, and saw participation from Sapphire Ventures, as well as existing investors Redpoint Ventures, First Round Capital, and PivotNorth.

“The BI market is experiencing a renaissance as data analysts and business users demand more than visualization and discovery from their tools. We expect Looker to lead the charge and become a dominant player,” said Rob Ward, Managing Director at Meritech Capital Partners.

Data analysts can use Looker’s platform to create and curate custom data experiences, “so everyone in the business can explore the data that matters to them in the context that makes it truly meaningful,” explains their news release.

Carl Anderson, Director of Data Science at Warby Parker, vouched for the outfut: “Looker provides our analysts with an intuitive, powerful environment to ask deeper, richer, and more nuanced questions that help us make the best, confident decisions. In addition, Looker’s access and sharing model allow us to democratize data and provide timely and relevant information to the team at large.”


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Having registered a 400 percent growth in 2014 and accumulating over 250 customers since its start two years ago, Looker’s customer base includes Yahoo!, Warby Parker, Asana, Instacart, Docker, Venmo, Upworthy, and Gilt.

Featured Image Credit: Looker

 

Tags: Business IntelligenceBusiness Intelligence NewsletterFundingLooker

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