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FWMK Client SQream Raised $26.4 Million in a Financing Round Led by Alibaba International

Our firm represented SQream, which develops technology for the rapid processing of data, in a financing round led by Alibaba International, in which the company raised $26.4 million. In addition to Alibaba, Hanaco Ventures Capital, Sistema, World Trade Ventures, Paradiso Ventures, Glory Ventures and Silvertech Ventures also participated in the round. Alibaba's investment in the Company is further to the signing of a collaboration agreement between the parties earlier this year.

SQream was represented by Advs. Erez Mizrachi, Inbal Sustiel, Itai Farkash, Raya Lalazar and Elad Salem of our Firm.

For the full article, click here:

https://techcrunch-com.cdn.ampproject.org/c/s/techcrunch.com/2018/05/30/alibaba-group-leads-26-4m-series-b-in-gpu-database-provider-sqream/amp/

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