Looker Announces $81.5 Million in Series D Funding for Business Intelligence

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The funding round is led by CapitalG, Alphabet’s growth equity investment fund.

Business intelligence company Looker has closed an $81.5 million Series D funding round led by CapitalG, the equity investment fund of Google parent company Alphabet, Inc. Other new investors include Goldman Sachs and Geodesic Capital. The company has now raised a total of $177.5 million since 2013.

Looker provides a data platform that uses real-time analytics, exploration and insights aimed at better decision making for enterprises, the company stated. The platform can be integrated into existing departmental applications. The company said the additional funding will be used to expand the platform’s functionality, add additional ways to access data, and allow them to invest more heavily in database technologies. They are also planning to continue their international expansion.

“Today’s businesses have access to more data than ever, and while it’s become increasingly difficult to understand all of that data, it’s also extremely valuable to those companies that can,” said Gene Frantz, partner at CapitalG.

Looker used SQL to create LookML, a new machine language for their platform. It allows users to ask sophisticated questions using familiar business terms.  The platform offers the ability to combine, visualize, transform and govern their data, as well as deliver and access it anywhere using a web interface or mobile app, said the company.

According to the company’s website, recently added features include Google Big Query Data Transfer Service, which allows enterprises to load all the data from their Google marketing apps into Google BigQuery Cloud Data Warehouse, see how changes on AdWords, YouTube, Google Analytics, and DoubleClick affect one another. Looker also offers support for Amazon Athena, the new S3 querying service from Amazon Web Services, actionable data, and Lookerbot for Slack.

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Sue Walsh

About Sue Walsh

Sue Walsh is News Writer for RTInsights, and a freelance writer and social media manager living in New York City. Her specialties include tech, security and e-commerce. You can follow her on Twitter at @girlfridaygeek.

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