Sigma today announced further evidence it is the market growth leader in cloud data analytics and the go-to application and workflow platform for cloud data apps. The company announced it has raised $200M in Series D financing to continue transforming BI through its innovations in AI infrastructure, data application development, enterprise-wide collaboration, and business user adoption.

Spark Capital and Avenir Growth Capital co-led the round with additional investments from new investor NewView Capital. All previous investors participated in the round, including Snowflake Ventures, Sutter Hill Ventures, D1 Ventures, Xn Ventures, and Altimeter Capital. The Series D funding, raised at a valuation 60% higher than the company's Series C round three years ago, promises to further accelerate Sigma's growth.

Sigma redefines business intelligence by enabling instant, in-depth data analysis on billions of records through an intuitive spreadsheet interface. Its write-back capability and comprehensive support system accelerate organizational growth and innovation.