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The company raised $180 million of Series D venture funding in a deal led by IVP on April 28, 2017, putting the company's pre-money valuation at $1 billion. Lightspeed Venture Partners, Greylock Partners, B7, and Kevin Durant also participated in the round. The funding will be used to further accelerate global adoption of cloud data management, product development and go-to-market investments worldwide. Previously, the company raised $61 million of Series C venture funding in a deal led by Khosla Ventures on August 15, 2016, putting the company's pre-money valuation at $549 million. Lightspeed Venture Partners, Greylock Partners and other undisclosed investors also participated in the round.
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