Tech Company Financing Transactions
Preset Funding Round
Preset, based in San Mateo, received $35.9 million in investment from Redpoint Ventures and Andreessen Horowitz.
Transaction Overview
Company Name
Announced On
8/19/2021
Transaction Type
Venture Equity
Amount
$35,900,000
Round
Series B
Investors
Redpoint Ventures (Lead Investor) (Tomasz Tunguz)
Proceeds Purpose
The company intends to use the funds to continue to grow its team and invest in the technology, including enhancing Superset and building its cloud service.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
107 South B St. 2nd Floor
San Mateo, CA 94401
USA
San Mateo, CA 94401
USA
Phone
Website
Email Address
Overview
Preset, started life as a hackathon project at Airbnb in the summer of 2015. The goal was to build an open- source application to enable users to slice, dice, and visualize data out of Apache Druid, an up-and-coming, blazing fast, realtime, distributed in-memory database.
Management Team
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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