Dremio is small but growing at a fast pace. In January 2021, the company closed a series D funding round in which it raised $135 million at a $1 billion valuation. Dremio says it plans to use the funding to grow its global engineering centers — engineering headcount growth more than doubled over the past year, though the total headcount of 79 engineers still makes it small relative to most of the competitors on the Power Index. Still, it hopes that a new approach that allows customers to directly query data in cloud storage platforms could be its big ticket to growth — which goes some way to explaining its top spot on our momentum leaderboard.
Read the full article here on Protocol.
