The round was led by Scale Venture Partners (Scale). Existing investors JVP, Vertex Ventures US, and Wing Venture Capital also participated in the round. As part of the investment, Ariel Tseitlin - Partner at Scale and former Head of Netflix Cloud Solutions - has joined Upsolver's board of directors. The company also announced its free Upsolver Community Edition, an integral part of the Upsolver platform that delivers on its vision for universal access to cloud data.

The new funding comes on the heels of Upsolver's $13 million Series A and follows a tripling of the company's revenue in 2020, including the addition of marquee customers such as Cox Automotive, Wix, and AppsFlyer. Upsolver will use the financing to aggressively build its team, scale its go-to-market engine, and drive technical innovation.

Upsolver is the only no-code data lake engineering platform for agile cloud analytics. Co-founded by CEO Ori Rafael and CTO Yoni Eini in 2014, Upsolver helps organizations such as Cox Automotive, ironSource, and Sisense make cloud data analytics-ready in days, through a visual SQL UI and unique automation of data lake engineering best practices. With headquarters in Silicon Valley, Upsolver is a global company operating across North America, Europe, and Israel.