Altimeter led a $222m Series D round in dbt Labs.

Altimeter, a technology focused investment firm, led a $222m Series D round in dbt Labs, a company which develops an analytics engineering tool that prepares raw data in the warehouse for analysis, with participation from Databricks, Snowflake, Amplify Partners, Andreessen Horowitz, Sequoia, Coatue, Tiger Global, ICONIQ Growth, GV, and GIC. "The data industry is converging around unified cloud data architectures supporting machine learning, data science, and business intelligence use cases. Dbt is uniquely well-positioned for this future. dbt provides a transformation framework suited for the needs of data engineers, data scientists, and business analysts–multiple users with multiple use cases working from a single knowledge layer," Jamin Ball, Altimeter Partner.