($17M in Series A Funding)

Bobsled, a startup building a cross-cloud data sharing platform, has announced a $17 million Series A funding round co-led by Greycroft and Madrona Venture Group. This round follows a $7 million seed round led by .406 Ventures, and Bobsled’s valuation now stands at $87 million.

Before founding Bobsled in late 2021, CEO and co-founder Jake Graham was a principal product manager at Microsoft Azure, working on the Azure Data Exchange. Graham, who also previously worked at Neo4j and Intel, believes that data sharing will be a fundamental change in the analytics landscape.