💰The Funding Letter #1419: May 17

Vercel, Sigma Computing, Metabolon, and more...

May 17, 2024

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Happy Friday! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. Have a great weekend!

🤯 We have $680.25M in total funding today, read on to start prospecting these companies asap!

Hit the Gong 🎉

Source: @sales_bant_er

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Daily Deals 💸

🌎 Americas

Vercel provides a cloud-based workflow platform that gives developers frameworks, workflows, and infrastructure to build a faster, more personalized web, enabling developers to improve the performance and development of their web applications. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $250M, Series E ($3.25B Valuation)

Round Investors: Accel (lead), Tiger Global Management, SV Angel, Google Ventures

🚀Growth Focus: Deliver the combined power of its Frontend Cloud, AI, and enterprise-grade security to every developer, user, and company.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 508

🔥Open Sales Gigs: Currently Hiring

Sigma Computing has developed a cloud data warehouse analytics software that analyzes complex databases, allowing clients to explore, analyze, and visualize data to drive important business decisions. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $200M, Series D

Round Investors: Avenir Growth Capital (lead), Spark Capital (lead), Altimeter Capital, NewView Capital

🚀Growth Focus: Enhance its platform’s integrations with generative AI models; go towards growing its presence in the U.S. and international markets.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 534 (⚡13% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring

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