Anomalo, a San Francisco, California-based data quality platform company, has raised $33 million in Series B funding, bringing its total raised to $72 million.
SaaS Investors
The round was led by SignalFire, with participation from Databricks Ventures and existing investors Norwest Venture Partners, Two Sigma Ventures, and Foundation Capital.
Founded in 2013, SignalFire is a venture capital investment firm based in San Francisco, California. The firm prefers to invest in the seed and early-stage companies operating in consumer services, cybersecurity, artificial intelligence, data analytics, software as a service (SaaS), infrastructure, and mobile sectors.
Anomalo Use of Funds
The company will use the funding to advance the platform, scale engineering and go-to-market teams, and meet the growing demand for its services.
About Anomalo
Founded in 2021 by Elliot Shmukler and Jeremy Stanley, Anomalo is an AI-powered automated data quality monitoring platform for enterprises, helping businesses build trust in the data powering their products and decisions. The company’s platform leverages AI to detect data issues and understand their root causes, allowing teams to resolve problems before making decisions or running operations.
Funding Details
Company: Anomalo, Inc.
Raised: $33.0M
Round: Series B
Funding Month: January 2024
Lead Investors: SignalFire
Additional Investors: Norwest Venture Partners, Two Sigma Ventures, and Foundation Capital
Company Website: https://www.anomalo.com/
Software Category: Data Quality Monitoring
Source: https://www.dbta.com/Editorial/News-Flashes/Anomalo-Secures-33M-in-Funding-to-Support-Increasing-Demand-for-its-Data-Quality-Platform-162335.aspx