Looker Announces $81.5 Million in Series D Funding Round

Data analytics platform provider Looker  closed an $81.5 million Series D funding round led by CapitalG, Alphabet’s growth equity investment fund.

The round includes additional participation from new investors Geodesic Capital and Goldman Sachs, as well as from Looker’s previous investors Kleiner Perkins Caufield & Byers, Meritech Capital Partners, Redpoint Ventures and Sapphire Ventures.  Since 2013, Looker has raised a total of $177.5 million. 

Looker provides a data platform that leverages technology to let everyone in an organization make better business decisions using data.  

Looker says it will use the additional investment to continue to innovate in terms of data access, functionality and integrations with database technologies.

The company also plans to accelerate its investments in sales and marketing and continue international expansion, including Asia Pacific.

“Looker’s modern architecture and approach is unique as compared to the piecemeal approach of connecting several different products together to make a complete analytics tool. This comprehensive approach allows Looker to accomplish things no other data tool is capable of today,” said Frank Bien, CEO of Looker. “Our product vision, which has been the same since day one, continues to be validated by the market and is underscored by the support from CapitalG. We’re proud to be added to their impressive portfolio of companies. We look forward to working together as we continue to grow our position in a $20B data and business analytics market that is growing 10% each year.”

Looker now has over 300 employees after adding more than 100 employees throughout its five offices in 2016. Earlier this year, Looker opened its EMEA headquarters in Dublin, Ireland to support more than 100 customers in the region and drive further expansion across multiple countries.

For more information, go to the Looker website.