SQream, a company that specializes in data and analytics acceleration, secured $45M in a Series C funding round. The main investor was World Trade Ventures, along with new and existing backers, such as Schusterman Investments, George Kaiser Foundation (Atento), Icon Continuity Fund, Blumberg Capital, and Freddy & Helen Holdings.
The company plans to use the funds to grow its presence in North America, forge more strategic partnerships and enhance its AI/ML enterprise capabilities and big data analytics.
SQream, based in Tel Aviv, Israel, is led by CEO Ami Gal. The company helps organizations to query their data and get insights faster. Its technology uses GPUs to enable businesses to handle larger datasets and more complex queries. The company serves customers from various industries such as semiconductors, manufacturing, telecomms, financial services, and healthcare.
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