MotherDuck, a serverless data analytics platform, raised USD 52.5 million in Series B funding led by Felicis with participation from a16z, Madrona, Amplify Partners, Altimeter, Redpoint, and Zero Prime. This round brings the company's total funding to USD 100 million and gives it a value of USD 400 million.
The company plans to use the funding to expand its employee base to 45 members by the end of the year (specifically by adding its go-to-market and engineering teams). The company also announced that it would be adding a number of improvements to its platform including faster data import, improved notebook interface and database sharing, and optimized hybrid query planning.
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