Alibaba Group leads $26.4M Series B in GPU database provider SQream

SQream CEO and co-founder Ami Gal
SQream, the GPU database developer, will deepen its focus on China after raising a $26.4 million Series B led by Alibaba Group. The round also included investors Hanaco Venture Capital, Sistema.vc, World Trade Ventures, Paradiso Ventures, Glory Ventures and Silvertech Ventures.
The startup describes the funding, which brings its total raised to a little over $40 million, as a strategic investment from Alibaba. Earlier this year, SQream and Alibaba Cloud announce