Sigmoid raises $12 million to scale its data engineering and analytics platform

Sigmoid, a startup helping firms in the U.S., U.K. and Europe comb through their data and derive better insights from it, has raised $12 million in a new financing round following a strong year of growth, it said Thursday.
Sequoia Capital India led the San Francisco-headquartered startup’s Series B funding, which included some secondary shares purchase, the two said. The investment giant, which unveiled $2.85 billion funds earlier this year for India and Southeast Asia, has invested $19.3 million in Sigmoid to date, according to a statement.
Founded in 2013 by IIT alumni Lokesh Anand, Ma

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