D1 Capital Invests in $300M Series C Financing of Sigma
Gunderson Dettmer represented client D1 Capital as it co-led the $300 million Series C financing of Sigma, a cloud data warehouse analytics software. The company’s platform provides a unified collaborative canvas that keeps all data projects synchronized in a single, self-contained platform for easy collaboration across an organization. The new capital will be used to enable business and technical users to analyze data securely and at scale with the simplicity of a spreadsheet interface.
In the announcement of the transaction, founder and chief investment officer at D1 Capital Dan Sundheim said, “Sigma is enabling organizations to be truly data-driven by putting the power of cloud data analytics directly into the hands of business users. We are excited to partner with Sigma as it builds the next-generation business intelligence platform.”
The Gunderson deal team was led by Greg Volkmar and included Jeffrey Stricker, Amanda Ferber, Robin Gimm, Caitlin Peltz, and Alec Saccogna.