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, Enterprise Software

Total Funding

$398.8M

Headquarters

Santa Clara, California

Founded

2015


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Simplify's Take

What believers are saying

  • Growing adoption of Apache Iceberg boosts demand for Dremio's enhanced performance features.
  • Generative AI tools like text-to-SQL attract new customers to Dremio's platform.
  • Federated querying trend increases need for Dremio's diverse dataset management capabilities.

What critics are saying

  • Competition from Databricks and Snowflake threatens Dremio's market position.
  • Expanding generative AI capabilities may expose Dremio to data security risks.
  • Reliance on AWS and Azure could impact Dremio if service terms change.

What makes Dremio Corporation unique

  • Dremio offers seamless integration with AWS and Azure for cloud-native data solutions.
  • The platform supports generative AI tools like text-to-SQL for enhanced data analytics.
  • Dremio's Apache Iceberg capabilities optimize data lakehouse performance and management.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-4%

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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