Hex Technologies, a San Francisco-based collaborative data workspace that empowers organizations to drive impact from their data, raised $16 million in Series A financing, bringing its total funding to $21.5 million.
The round was led by Redpoint Ventures, with participation from previous investors Amplify Partners, as well as Data Community Fund, Geometry, Operator Collective, Tokyo Black, Vandelay Ventures, XYZ Venture Capital, and individual investors.
Redpoint Managing Director Tomasz Tunguz has joined the Hex Board of Directors.
Hex will use the funding to grow its exceptional product and go-to-market teams and continue building its platform.
Company: Hex Technologies, Inc.
Raised: $16.0M
Round: Series A
Funding Month: October 2021
Lead Investors: Redpoint Ventures
Additional Investors: Amplify Partners, Data Community Fund, Geometry, Operator Collective, Tokyo Black, Vandelay Ventures, and XYZ Venture Capital
Company Website: https://hex.tech/
Software Category: Collaborative Data Analytics
About the Company: Hex is a collaborative data workspace that makes it easy to go from idea to analysis to sharing. Work in SQL and Python notebooks, collaborate live, and publish interactive data apps anyone can use. Hex is the first fully collaborative data workspace, equipping data teams to seamlessly go from idea to insight to sharing. The Hex platform includes real-time collaborative data notebooks, interactive data apps, first-class SQL support and an all-new reactive compute engine. It’s used by data teams at companies like Workrise, Glossier, AngelList, Human Interest, Whatnot, dbt Labs, Setel, and dozens of others worldwide. The company is based in San Francisco.
Source: https://www.businesswire.com/news/home/20211020005706/en/Hex-Technologies-Raises-16-Million-Series-A-to-Help-Data-Teams-Do-More-Together