Bobsled, a startup that is building a cross-cloud data sharing platform, today announced that it has raised a $17 million Series A funding round co-led by Greycroft and Madrona Venture Group. This round follows a $7 million seed round led by .406 Ventures. In this most recent round, Bobsled’s valuation was $87 million.
Prior to founding Bobsled in late 2021, the company’s CEO and co-founder Jake Graham was a principal product manager at Microsoft Azure, working on the Azure Data Exchange. Graham, who also previously worked at Neo4j and Intel, believes that data sharing is going to be a fundamental change in the analytics landscape.
“It’s the next evolution of how compan...