Kyligence’s $25 Million Series C Funding Round

Gunderson Dettmer advised Kyligence on the round

Kyligence, founded by the creators of the leading OLAP for Big Data project, Apache Kylin, has closed $25 million in a Series C funding round. The round was led by Coatue Management, with participation from existing Kyligence investors, Redpoint Ventures, Shunwei Capital and Eight Roads Ventures (the proprietary investment arm of Fidelity International Limited). As part of its investment, Coatue Management partner Daniel Senft has joined the Kyligence Board of Directors.

Kyligence delivers an augmented data analytics platform, powered by Apache Kylin, to accelerate mission-critical business decisions. Its machine-learning, engine-automating data model accelerates and optimizes user and analyst behavior and query history both on premise and in multi-cloud.

The Gunderson Dettmer team was led by Zhen Liu (Picture) and included legal consultants David Cao and Shuyue Tan.

Involved fees earner: Zhen Liu – Gunderson Dettmer;

Law Firms: Gunderson Dettmer;

Clients: Kyligence Inc.;

Author: Michael Patrini