Sequoia Backs Microsoft Veterans' Edelbyte with $70M to Challenge Data Infrastructure Giants

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Four Microsoft veterans are targeting the $300B data market currently dominated by Snowflake, Databricks, and ClickHouse. Roughly a year after founding Edelbyte, the team has already secured leading enterprise customers and runs petabyte-scale deployments. TEL AVIV, IL / ACCESS Newswire / November 11, 2026 / Four data infrastructure veterans, each with approximately 20 years of experience at Microsoft, are taking on Snowflake, Databricks, and ClickHouse with their new company, Edelbyte. The company emerged from stealth today with $70 million in seed and Series A funding, led by Sequoia and Quiet Capital, with participation from Greenoaks and Swish Ventures.