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SIGMA COMPUTING ANNOUNCES $300M SERIES C FROM CO-LEADS D1 CAPITAL PARTNERS AND
XN, EXISTING INVESTORS SUTTER HILL VENTURES AND ALTIMETER CAPITAL, AND SNOWFLAKE
VENTURES

More than 220 Enterprise Customers such as US Foods, Blackstone, and
Athenahealth rely on Sigma Computing for putting rapid data-driven decision
making into the hands of knowledge workers

SAN FRANCISCO — DECEMBER 16, 2021 — Sigma Computing, the cloud analytics and
business intelligence (BI) innovator, announced today it has raised $300M in
Series C financing. D1 Capital Partners and XN co-led the round with returning
investors Sutter Hill Ventures and Altimeter Capital, and an investment from
Snowflake Ventures. To date, Sigma Computing has raised $381.3M to enable
business and technical users to analyze data securely and at scale with the
simplicity of a spreadsheet interface.

Sigma Computing is changing the future of work by accelerating the speed at
which decisions are made. It reinvented the business intelligence category by
empowering business users to explore live data and collaboratively build models
and dashboards. While expanding data access to the broader enterprise, Sigma
improves both performance and security through its unique architecture, which
exclusively retains data in cloud warehouses like Snowflake. By putting billions
of rows of live data directly into the hands of marketers, analysts, product
managers, and other cross-functional business team members, real-time decisions
can be made on critical business processes in supply chain, customer engagement,
budgeting and more. Its easy-to-use collaboration features further empower the
enterprise by ensuring these decisions involve all necessary organizations.
Sigma customers find answers to ad hoc questions in seconds, iterate and
interact on analyses, share narratives in one unified place, and make
data-driven decisions in moments, not weeks.

The company is one of the first to be purpose-built for Snowflake and is an
Elite partner of Snowflake. Customers such as US Foods, Blackstone,
Athenahealth, and others have implemented its platform “Workbooks” to respond to
customers quickly, approve transactions, increase supply chain efficiency and
more.

“Sigma has allowed us to understand what’s possible as we unlock the true
potential of our data,” said US Foods VP of Analytics & Data Science Chuck
Sample. “As a leading foodservice distributor, partnering with approximately
300,000 restaurants and foodservice operators, being able to quickly manage
service levels across our customer base is fundamental to meeting our client
obligations. With Sigma, we have been able to significantly reduce the time it
takes to garner insights on the fly while allowing both the business and BI
teams to function at a higher level.”

“The delta between an enterprise’s performance and its potential is the speed
and accuracy of the decisions it makes across its organization,” said Sigma
Computing CEO Mike Palmer. “We are erasing that delta for competitive companies
that want to arm their departments — from operations, finance, marketing and
beyond — with the data they need to make decisions quickly and without
frustrating delays and dependencies.”

Sigma was founded in 2014 to meet the needs of analysts who work with
spreadsheets and want to use data in Snowflake, thus removing the technical
hurdles of developing on visualization tools in SQL to run specific big data
queries. Today, Sigma provides a unified collaborative canvas that combines
spreadsheets, charts, and narratives, keeping all data projects synchronized in
a single, self-contained platform for easy collaboration across an organization.
Sigma’s tools allow users to drill down into data anywhere on a dashboard and
calculate any inquiry against billions of rows of live data with no coding
required. The company’s highly responsive UX also allows cross-functional teams
to directly conduct ad hoc analytics for the most granular-level insights in
milliseconds instead of hours. With Sigma, users can find immediate answers to
their data questions without going through their BI team, and can embed
Workbooks to easily share with authorized users.

“We founded Sigma with the promise of removing the timely and costly bottleneck
that came with having to work in code to actually leverage large data warehouses
for business intelligence,” said Sigma Computing CTO and Co-Founder Rob Woollen.
“Overcoming these technical challenges with accessible no-code Workbooks met
that promise, easing processes for large organizations and allowing
decision-makers to pull insights directly in real-time while also making this
technology accessible and scalable for anyone to use.”

ABOUT SIGMA

Sigma is the only cloud analytics and business intelligence solution empowering
business teams to break free from the confines of the dashboard, explore live
data independently, and make better, faster decisions. The award-winning
platform capitalizes on the power of cloud data warehouses to combine data
sources and analyze billions of rows of data instantly via an intuitive,
spreadsheet interface for data analysis – no coding required. Sigma automates
workflows and balances data access with unparalleled data governance to make
self-service data exploration available to everyone and safe for the first time.
https://www.sigmacomputing.com.



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