Sigma Computing doubles valuation to $3 billion in Series E as agentic analytics race heats up

https://media.thenextweb.com/2026/05/sigma-computing-series-e-80-million-3-billion-valuation.avif

TL;DR

Sigma Computing has raised $80 million in Series E funding at a $3 billion valuation, doubling its worth in a year. The round was led by Princeville Capital, with strategic investments from Databricks Ventures, ServiceNow Ventures, and Workday Ventures.

Sigma Computing has raised $80 million in Series E funding at a $3 billion valuation, doubling its worth in a year and positioning the San Francisco-based company as one of the most aggressively valued players in the business intelligence market. The round was led by Princeville Capital, with new strategic investors Databricks Ventures, ServiceNow Ventures, and Workday Ventures also participating. Previous backers including Altimeter Capital, Avenir Growth Capital, D1 Capital Partners, Spark Capital, and Sutter Hill Ventures returned for the round, and JP Morgan acted as placement agent.

The valuation jump from $1.5 billion to $3 billion reflects a company that has doubled its revenue in the same period....

Copyright of this story solely belongs to thenextweb.com. To see the full text click HERE

Read more

https://image.cnbcfm.com/api/v1/image/108074848-1733968856731-gettyimages-2065647637-tle_1166.jpeg?v=1734059471&w=1920&h=1080

Singapore announces a National AI Partnership with Google and an MoU with OpenAI, which will set up an AI lab and commit $234M+ to the city-state's AI ecosystem

Sponsor Posts Niantic Spatial: World models need real-world data — Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics. Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate. Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data