MOUNTAIN VIEW — Treasure Data, a leading cloud platform to make all data connected, current, and easily accessible, today has closed a $25 millionSeries C funding round, led by SBI (formerly known as SoftBank Investment) and INCJ (Innovation Network Corporation of Japan) with additional investment from existing investors Scale Venture Partners, Sierra Ventures, Jerry Yang’s AME Cloud Ventures, Dentsu, IT-Farm, Bill Tai and others.
The company’s total funding to date is $54 million.
“Since 2000, half of the companies that were in the Fortune 500 have been disrupted into extinction, due in part to slow reaction to market signals and shifts in customer behavior. While their own data could have told this story and allowed them to adapt — they just couldn’t see it in time,” explained Hiro Yoshikawa, CEO and Co-Founder of Treasure Data. “Data is today’s strategic weapon for competitive advantage, proven by the most successful algorithm-driven businesses like Google, Netflix, Amazon, and Facebook. With a Live Data Management platform, any organization can immediately have a modern data stack, revealing a complete picture of their business to make better decisions — without investing years and massive engineering resources.”
Live Data Management brings a company’s entire body of first- and third-party data together in one place, connects it together, and keeps it current, so all the people and algorithms that drive the business can access and analyze it to make critical decisions with confidence. Live Data helps clients more effectively identify, learn from, and respond to customer behavior, industry trends, and rapidly changing markets, with data from numerous sources that is always up-to-date and accessible.
Founded in 2011 in Mountain View, Treasure Data has offices in Japan and Korea,