Boston-based AtScale provides software that lets enterprises create a universal semantic layer, eliminating inconsistent data labels across disparate systems and ensuring uniform calculations for business intelligence tools like Excel and Power BI. By pushing queries down to the underlying data platform rather than copying data out, the product improves performance and governance simultaneously. Snowflake, Databricks and Google BigQuery are among the cloud data warehouses it supports, and the company stresses it will continue multi-platform compatibility. With more than a billion Excel users still relying on spreadsheets, management sees enduring demand for tools that blend traditional BI with modern cloud architectures. The new investment from Snowflake’s venture arm formalizes a deeper technical collaboration intended to simplify analytics for their shared customers. Prior to the latest financing, the company’s second-largest round came in 2018, when it raised $50 million. While revenue or user counts were not disclosed, analysts view AtScale as having a strong footprint among Microsoft-centric data teams, offering Snowflake an on-ramp to those customers.

Total raised

$93M

Funding rounds

5

Latest round

Series D

Latest activity

Dec 2018