Adams Street Partners led a $160m Series E round in Dremio.

Adams Street Partners, a global private markets investment manager, led a $160m Series E round in Dremio, a data lake transformation company, with participation from Sapphire Ventures, Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, and Cisco Investments. "The market momentum towards cloud data lakes is now irrefutable. The only question left is how quickly customers can take advantage of these modern open data architectures. Our solutions allow you to run lightning fast queries directly on your data lake. They work whether you have data sources in multiple clouds, on-prem, and/or in other SQL databases, and that is what customers find so compelling – we meet them wherever they are in their journey," Billy Bosworth, Dremio CEO.