Owners
Strategic partnership with Alibaba Cloud
Strategic investors – Sistema.vc, Hanaco ventures, Blumberg Capital, World Trade Ventures, Alibaba Group
History
2020: AFK "Sistema" invested in the platform
At the end of June, 2020 it became known that AFK "Sistema" through the venture fund Sistema VC invested in the platform of analytics of Big Data SQream.
In general the Israeli startup of SQream Technologies attracted $39.4 million within financing of series B +. Fixed assets were made by Mangrove Capital Partners and Schusterman Family Investments which joined already existing investors, including Hanaco Venture Capital, Sistema VC, World Trade Center Ventures, Blumberg Capital, Silvertech Ventures and Alibaba Group.
The cofounder and the chief executive of SQream Ami Gal reported that the company endures the period of rapid growth.
 | We need to find as soon as possible necessary employees to accelerate development of our cloud service. We were surprised pleasantly by the phenomenal growth of a startup which develops, despite hard times. |  |
The SQream platform allows to analyze quickly huge volumes of the raw data from different bases, allowing the enterprises to obtain significant information and in time to estimate the implemented techniques. Among clients of a startup ― LG U+, PubMatic, LiveAction, AIS Mobile, ACL Mobile. SQream earns from a subscription. Cost depends on the volume of the processed data. Approximate quotations ― from $10 thousand a year for 1 Tb. The startup was founded in 2010 by Amy Gal and Kostya Varakin, and the staff of the company makes 80 people.
Receipts from investments will be used for involvement of the best specialists, development of already available technologies of the company, development of a new cloud solution and also the platform for customer interaction. Already passed Charlie Federman from Silvertech Ventures into Board of Directors of SQreams and the leading venture capitalist Roy Roy Saar from Mangrove Capital Partners. [1]
Notes
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