What is Upsolver?
Founded in 2014 and headquartered in Sunnyvale, California, with additional offices in Israel and New York, Upsolver offers a robust ETL (Extract, Transform, Load) platform designed to streamline data processing for cloud data lakes. The company addresses the complexities of managing and analyzing large datasets in cloud environments, enabling businesses to derive actionable insights more efficiently. Its technology is crucial for organizations looking to leverage big data for analytics, machine learning, and business intelligence.
How much funding has Upsolver raised?
Upsolver has raised a total of $38M across 2 funding rounds:
Series A
$13M
Series B
$25M
Series A (2020): $13M with participation from Vertex Ventures US, Jerusalem Venture Partners, and Wing Venture Capital
Series B (2021): $25M led by BA Venture Partners, JVP Limited, Wing Companies, and Vertex Ventures
Key Investors in Upsolver
Jerusalem Venture Partners
Founded in 1993, JVP is an international venture capital firm that specializes in investments in startup companies, focusing on digital media, enterprise software, semiconductors, data storage, and cyber security. JVP is located in Israel.
Wing Venture Capital
Wing Venture Capital is an early-stage investor and long-term company builder that focuses on equipping founders with resources and unwavering partnerships to develop innovative products. Their mission centers around empowering technology advancements in areas such as AI, autonomous apps, and data.
Vertex Ventures
Vertex Ventures US is an early-stage venture capital firm that supports founders creating a smarter digital economy through B2B software. They focus on partnering with and investing in early-stage infrastructure and SaaS companies.
What's next for Upsolver?
With the recent major strategic investment, Upsolver is poised for accelerated growth and innovation. The company is likely to focus on enhancing its ETL platform's capabilities, expanding its market reach, and strengthening its cloud data lake solutions. This strategic financing suggests a focus on scaling operations, potentially increasing its engineering talent, and broadening its customer base. The backing from prominent venture capital firms indicates strong confidence in Upsolver's technology and its potential to capture a significant share of the growing data management market.
See full Upsolver company page
