Sigmoid announced that it has closed a Series B investment of $12 million, in a mix of primary and secondary funding from Sequoia Capital India. This takes Sequoia Capital India's total investment in Sigmoid to $19.3 million. The new capital will fuel the company's plan to evolve its market offerings, expand delivery centers and cater to new industries.

Sigmoid combines data engineering and AI consulting to help enterprises gain competitive advantage through effective data-driven decision making. Some of the world's largest data producers are engaging with Sigmoid to solve complex business problems. Sigmoid's team of 550+ data professionals provide deep expertise in data engineering, cloud data modernization, artificial intelligence, and DataOps.