Samooha, a startup developing a “cross-cloud” data collaboration platform, today announced that it raised $12.5 million in a funding tranche backed by Altimeter Capital and Snowflake Ventures, among others. CEO Kamakshi Sivaramakrishnan says that the cash infusion — Samooha’s first — will be put toward product development and hiring; the plan is grow the startup’s team from 14 developers to roughly 20 by the end of the year.
So, you might be wondering, what exactly does Samooha do? In brief, the platform lets businesses securely share, collaborate on and gain insights from their and their partners’ data, irrespective of the underlying cloud and data stack.
It’s not a new concept. “Data clean rooms” have been around for a while, pitched both by tech giants and startups as the ideal solution for sharing sensitive data across computing environments. Just a few years ago, Harbr Read Entire Article
