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Dremio Corporation

Dremio Corporation

Data analytics platform for enterprises

About

Dremio provides a platform for data analytics and management that enables businesses to access and analyze their data without needing to move or copy it. This is especially beneficial for companies with large data lakes or relational databases. The platform is user-friendly and integrates with popular cloud services like AWS and Azure, allowing for quick deployment and configuration. Dremio also connects with various business intelligence and data science tools, facilitating easier data work for analysts and scientists. Targeting medium to large enterprises across industries such as finance, healthcare, retail, and technology, Dremio operates in the growing data analytics and cloud computing market. Its business model combines subscription and usage-based pricing, allowing clients to pay based on their data operations and features needed. Dremio aims to provide a flexible and scalable solution for businesses to leverage their data for strategic decision-making.

Company Stage

Series E

Employees

201-500

Industries

Data & Analytics, Consulting, Enterprise Software

Total Funding

$410M

Headquarters

N/A

Founded

2015


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Simplify's Take

What believers are saying

  • Dremio's recent product improvements and generative AI features, such as text-to-SQL translation, position it at the forefront of innovation in the data analytics market.
  • The general availability of Dremio Cloud on Microsoft Azure enhances its scalability and performance, offering significant cost savings over traditional data warehouses.
  • Strategic partnerships, like the one with Carahsoft, expand Dremio's reach into the public sector, opening new market opportunities.

What critics are saying

  • The rapidly growing and competitive data analytics market requires Dremio to continuously innovate to maintain its edge.
  • Integration of new leadership, such as the ex-Splunk chief cloud officer as CEO, may lead to strategic shifts that could impact company stability.

What makes Dremio Corporation unique

  • Dremio's platform allows businesses to access and analyze data without moving or copying it, which is a significant advantage over traditional data analytics solutions.
  • The integration with popular cloud services like AWS and Azure enables quick and efficient deployment, setting Dremio apart from competitors with less seamless cloud integration.
  • Dremio's support for a wide range of BI and data science tools makes it a versatile solution for data analysts and scientists, unlike more specialized or limited platforms.

Growth & Insights
Headcount

6 month growth

5%

1 year growth

6%

2 year growth

-10%

Benefits

Health, Dental, and Vision Insurance

401(k)

Stock Options

Work From Home

Office Events

Parental Leave Benefits

Paid Time Off

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