Datafold, a San Francisco, CA-based data reliability platform that automates the most tedious parts of data engineering workflows, raised $20 million in Series A funding.
Backers included NEA and Amplify Partners. Peter Sonsini, a general partner at NEA, has joined Datafold’s board in conjunction with the funding.
The company intends to use the funds to continue to expand operations and its business reach.
Company: Datafold Inc.
Raised: $20.0M
Round: Series A
Funding Month: November 2021
Lead Investors:
Additional Investors: NEA and Amplify Partners
Company Website: https://datafold.com/
Software Category: Data reliability platform
About the Company: Led by Gleb Mezhanskiy, founder and CEO, Datafold is a data reliability platform that helps data teams deliver data products via the ability to identify, prioritize, and investigate data quality issues proactively before they affect production. Its flagship feature, Data Diff, clearly shows data practitioners how a change in the data processing code will impact the resulting data and downstream products, such as BI dashboards and ML models. Customers include Thumbtack, Patreon, Faire, and Dutchie.
Source: https://www.finsmes.com/2021/11/datafold-raises-20m-in-series-a-funding.html