What is AtScale?
AtScale offers a comprehensive, secure, and governed workspace designed for distributed data environments. Its core technology, the Cloud OLAP Engine, combined with Autonomous Data Engineering and a Universal Semantic Layer, empowers businesses to achieve faster and more accurate decision-making through enhanced business intelligence and machine learning capabilities. The platform aims to democratize data access and analysis across an organization, ensuring consistency and reliability.
How much funding has AtScale raised?
AtScale has raised a total of $172.8M across 8 funding rounds:
Private Equity
$2M
Private Equity
$700K
Series A
$7M
Series B
$11M
Private Equity
$15M
Series C
$25M
Series D
$50M
Private Equity
$62.1M
Private Equity (2013): $2M, investors not publicly disclosed
Private Equity (2014): $700K, investors not publicly disclosed
Series A (2015): $7M supported by Storm Ventures, AME Ventures, X/Seed Capital, and UMC Capital
Series B (2016): $11M featuring Umc Capital, XSeed Capital, AME Ventures, Storm Ventures, and Comcast Ventures
Private Equity (2017): $15M, investors not publicly disclosed
Series C (2017): $25M with participation from Industry Ventures, Wells Fargo Securities, XSeed Capital, Storm Ventures, Comcast Ventures, Atlantic Bridge Capital, and UMC Capital
Series D (2018): $50M led by Morgan Stanley, Wells Fargo, Atlantic Bridge Capital, and Storm Ventures
Private Equity (2026): $62.1M, investors not publicly disclosed
Key Investors in AtScale
Storm Ventures
Storm Ventures is an early-stage venture capital firm focused on B2B software startups, specializing in areas such as artificial intelligence, enterprise infrastructure, and cybersecurity. With over 23 years of experience and more than 200 investments, they assist founders globally in navigating their journey from inception to becoming industry leaders. The firm emphasizes unlocking growth for innovative companies with happy customers and a strong team. Storm Ventures aims to build a vibrant community of founders and partners to scale growth effectively.
X/Seed Capital
XSeed Capital is an early stage investment firm that partners with entrepreneurs aiming to create category-leading, high growth companies. The firm focuses on supporting innovative startups in their growth journey. XSeed Capital is dedicated to fostering the development of its portfolio companies. Their intended clients are entrepreneurs and startups seeking investment and guidance.
Comcast Ventures
Comcast Ventures, founded in 1999, is the venture capital affiliate of Comcast Corporation. Based in North America with offices in San Francisco, New York, Philadelphia, and Los Angeles, the firm focuses on investing in consumer, enterprise, and frontier technology companies. With a 20-year track record in the venture capital industry, Comcast Ventures has built a diverse portfolio of more than 130 companies across various sectors. The firm provides capital and strategic support to both B2B and B2C businesses, particularly those in technology, finance, and operations sectors. Comcast Ventures maintains a position among the top 10 most active corporate venture capital firms in the market.
What's next for AtScale?
The substantial enterprise-level funding and recent strategic investment signal a pivotal phase for AtScale. This capital infusion is likely to be directed towards accelerating product development, expanding its engineering and sales teams, and broadening its market reach. The company is well-positioned to capitalize on the growing demand for scalable, governed data solutions, particularly as organizations increasingly adopt cloud-native architectures and advanced analytics. Future growth may involve strategic partnerships and further integration with leading data platforms to solidify its position as a leader in the data workspace market.
See full AtScale company page
