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- AtScale
AtScale Funding, Investors & Competitors
AtScale has raised $157M across 6 funding rounds, most recently a $62M undisclosed-stage round in December 2025.
Last AtScale funding round
$62M
Undisclosed stage · Dec 2025
Cumulative funding AtScale raised
$157M
across 6 funding rounds
Key investors in AtScale
Storm Ventures
XSeed Capital
UMC Capital
Comcast Ventures
Industry Ventures
Atlantic Bridge
AME Cloud Ventures
Morgan Stanley
About AtScale
AtScale is a Silicon Valley-headquartered semantic layer platform that unifies data for business intelligence and analytics. The company enables self-service BI across tools like Tableau, Power BI, and Looker by virtualizing datasets from Snowflake, Databricks, and Hadoop. AtScale supports enterprises in retail, finance, and healthcare with adaptive query engines and governance features, maintaining offices in Boston and global presence.
Founded
2013
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
AtScale Funding History
AtScale has raised a total of $157M across 6 funding rounds.
AtScale's first fundraising round was a $2M seed round in September 2013. The most recent completed round was a $62M undisclosed-stage round in December 2025.
AtScale funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Dec 2025 | Undisclosed stage | Snowflake Ventures (lead) | $62M | AtScale announced its largest equity financing to date on December 18, 2025, led by Snowflake Ventures. The company is a provider of Universal Semantic Layer technology that unifies business logic across analytics and AI applications. AtScale serves more global Fortune 500 enterprises in production than any other semantic layer provider and was recognized as a Leader and Fast Mover in GigaOm's 2025 Semantic Layer Radar. The company has raised funding across six rounds totaling USD 95 million as of the announcement, though the specific amount raised in this latest round was not publicly disclosed by AtScale, only that it represents the company's largest equity investment to date. Following the investment, AtScale will collaborate with Snowflake on initiatives designed to ease joint customers' analytics projects while continuing to support competing data platforms including Databricks and Google BigQuery. The partnership reflects Snowflake's strategic commitment to enabling enterprises with a unified, governed foundation for data, analytics, and AI, addressing the growing importance of semantic infrastructure as organizations consolidate data on cloud platforms and deploy AI applications requiring consistent business logic and semantic definitions. |
| Dec 2018 | Series D | Morgan Stanley (lead); Industry Ventures; Storm Ventures; Atlantic Bridge; Wells Fargo | $50M | AtScale, a data warehouse virtualization platform company based in San Mateo, California, announced a $50 million Series D funding round on December 12, 2018, led by Morgan Stanley, with participation from Storm Ventures, Atlantic Bridge, Wells Fargo, and others. This brought the company's total funding to approximately $120 million. The platform provides a semantic layer that integrates data silos across platforms, enabling consistent access for business intelligence and analytics tools without data movement, supporting cloud data warehouses like Snowflake, Google BigQuery, Amazon Redshift, and Microsoft Azure SQL Data Warehouse. The funding was intended to strengthen technology leadership, accelerate insights, expand product capabilities, deepen analytics ecosystem relationships, and increase sales and marketing investments domestically and internationally. 2018 marked a breakout year with over 50 new customers added in sectors like retail, financial services, advertising, and digital sales, including Rakuten, Dell Technologies, TD Bank, Toyota, Allstate, Kraft-Heinz, and JPMorgan Chase. AtScale also expanded into Europe and Asia and formed partnerships with Cloudera, Microsoft, and Oracle. Founded in 2013 by Dave Mariani, a former Yahoo big data pioneer, AtScale positions itself in the $122 billion data warehouse virtualization market according to IDC. The company launched a cloud version of its platform in summer 2018 on AWS, Azure, and Google Cloud. CEO Chris Lynch, formerly of Vertica Systems, joined earlier that year, citing a $200 billion opportunity in cloud transformation. |
| Oct 2017 | Series C | Atlantic Bridge (lead); Industry Ventures; Comcast Ventures; Storm Ventures; UMC Capital; XSeed Capital; Wells Fargo Securities; Focus Choice Investment Limited | $25M | AtScale is a San Mateo-based business intelligence software provider that offers a universal semantic platform for BI on big data, enabling enterprises to access and analyze large datasets across silos without reducing data scope or creating separate pipelines for tools like Tableau and MicroStrategy. Founded by big data pioneer Dave Mariani from Yahoo, the company addresses the challenge of making big data usable in existing BI tools by applying a semantic layer over data platforms like Hadoop, allowing full data visibility rather than 'sipping through a straw'. This middleware solution supports OLAP on big data with virtual cubes and machine learning for in-place querying, positioning AtScale to modernize the BI market dominated by siloed approaches. On October 3, 2017, AtScale closed a $25 million Series C funding round led by Atlantic Bridge, with participation from new investors Wells Fargo Securities and Industry Ventures, plus returning investors including Comcast Ventures, Storm Ventures, UMC Capital, and XSeed Capital. This brought total funding to $45 million, following a $11 million Series B in May 2016 led by Comcast Ventures, a $7 million Series A in mid-2015 led by UMC Capital, and a $2 million seed in 2013 led by XSeed Capital. The investors recognized AtScale's market traction, customer adoption, and disruptive potential in bridging big data with business analytics. The funds were intended to scale operations, enhance the platform, and capitalize on enterprise demand as companies adopting Hadoop faced BI integration hurdles. AtScale highlighted impressive uptake and a proven model, with CEO Dave Mariani noting enterprises reaching an inflection point tired of costly, inefficient data pipelines. The company continued growth, raising a $50 million Series D in December 2018 led by Morgan Stanley. |
| May 2016 | Series B | Comcast Ventures (lead); Storm Ventures; UMC Capital; A.M.E. Ventures; XSeed Capital | $11M | AtScale is a business intelligence platform company providing enterprises with self-service BI capabilities for big data environments. The company emerged from stealth in April 2015 and announced record revenue growth through 2016, achieving 10X revenue growth since inception. By late 2016, AtScale had secured partnerships with major technology vendors including Hortonworks, Cloudera, MapR, Microsoft, Tableau, and Qlik, positioning itself as a standard for BI on Hadoop in enterprise settings. The company served large customers across multiple industries including AllState, Bloomberg, GlaxoSmithKline, GoDaddy, Groupon, Home Depot, Kraft Heinz, and JPMorgan Chase. As of the most recent available data, AtScale had raised $110.7 million in total funding across seven funding rounds. |
| Jun 2015 | Series A | UMC Capital (lead); AME Cloud Ventures; Storm Ventures; XSeed Capital | $7M | AtScale raised $7 million in a Series A funding round in June 2015 led by UMC Capital, with participation from AME Cloud Ventures, Storm Ventures, and XSeed Capital. The funding brought total capital raised to $9 million following a $2 million seed round in 2013. The proceeds were intended to expand the team and accelerate product development for its universal semantic layer platform focused on BI on Hadoop. AtScale provides business intelligence technology that acts as an interface for Hadoop, enabling enterprise customers to access big data more effectively. It integrates with tools like Microsoft Excel, Tableau, Qliktech, Cloudera, and Hortonworks. In 2015, AtScale grew its customer base to include enterprises such as American Express, Aetna, Comcast, and Quotient, positioning it as a leader in BI on Hadoop. |
| Sep 2013 | Seed | - | $2M | - |
Who has invested in AtScale?
13 investors have backed AtScale across its funding rounds, including Storm Ventures, XSeed Capital, UMC Capital, Comcast Ventures, Industry Ventures and Atlantic Bridge.
Lead investors include Snowflake Ventures, Morgan Stanley, Atlantic Bridge, Comcast Ventures and UMC Capital.
AtScale Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Participant | Jun 2015 | ||
| 3 | Lead | Jun 2015 | ||
| 3 | Participant | Jun 2015 | ||
| 2 | Participant | Oct 2017 | ||
| 2 | Lead | May 2016 | ||
| 2 | Lead | Oct 2017 | ||
| 1 | Participant | Jun 2015 | ||
| 1 | Lead | Dec 2025 | ||
| 1 | Lead | Dec 2018 | ||
| 1 | Participant | May 2016 | ||
| 1 | Participant | Oct 2017 | ||
This data is available for Pro users. Sign up to see all 13 AtScale investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAtScale Competitors
AtScale competitors include listed companies like Datadog and Dynatrace, and private ones like ClickHouse, Dataiku, Starburst and PingCAP.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $3.4B | ($588K) | $85B | 19.4x | ||
| Publicly listed | $2B | $276M | $16B | 7.0x | ||
| Private | $160M | - | $15B | 93.8x | ||
| Private | $150M | - | $3.7B | 24.7x | ||
| Private | $100M | - | $3.4B | - | ||
| Private | - | - | $3B | - |
AtScale Public Comps
AtScale is still privately-owned, but its public comps include Oracle, Palantir, ServiceNow, Snowflake, Datadog, RELX, Strategy, MongoDB, Verisk Analytics and Fair Isaac.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $67B | $33B | 8.6x | 7.8x | 17.7x | 13.9x | |||
| $4.5B | $1.5B | 92.6x | 58.1x | 285.0x | 97.4x | |||
| $13B | $2.6B | 11.1x | 9.6x | 57.2x | 25.0x | |||
| $4.7B | ($1.3B) | 25.6x | 21.0x | (94.1x) | 121.7x | |||
| $3.4B | ($588K) | 23.6x | 19.4x | (137813.0x) | 77.6x | |||
| $13B | $4.9B | 5.5x | 5.3x | 14.4x | 13.2x | |||
| $477M | ($5.4B) | 149.4x | 144.4x | (13.1x) | (12.3x) | |||
| $2.5B | ($104M) | 11.9x | 10.4x | (282.5x) | 49.6x | |||
This data is available for Pro users. Sign up to see all AtScale competitors and their valuation data. Start Free Trial | ||||||||
Common questions about AtScale
| When was AtScale founded? | AtScale was founded in 2013. |
| Where is AtScale headquartered? | AtScale is headquartered in San Francisco, CA, United States. |
| Is AtScale publicly listed? | No, AtScale is a private, VC-backed company. |
| How much funding has AtScale raised? | AtScale has raised $157M across 6 funding rounds. |
| What was AtScale's last funding round? | AtScale's last funding round was a $62M undisclosed-stage round in December 2025, led by Snowflake Ventures. |
| Who are AtScale's investors? | AtScale's investors include Storm Ventures, UMC Capital, XSeed Capital, Industry Ventures, Comcast Ventures, Atlantic Bridge, AME Cloud Ventures, Snowflake Ventures, Morgan Stanley, A.M.E. Ventures and 3 others. |
| Which companies are comparable to AtScale? | Companies comparable to AtScale include Datadog, Dynatrace, ClickHouse, Dataiku, Starburst and PingCAP. |
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