Waterline Data, a Mountain View, CA-based data marketplace platform provider enabling smart data discovery and data governance, closed $16m Series B financing round.
The round was led by Partech Ventures.
The company, which has raised $23m in total, will use the funds to expand sales and marketing operations and continue its R&D investment.
Founded in 2013 by Alex Gorelik, CEO, with backing from Menlo Ventures and Jackson Square Ventures (formerly Sigma West), Waterline Data provides business analysts and data scientists with a self-service data catalog to find, understand, and provision data assets.
The solution aims to accelerate data preparation and analytics, while enabling agile data governance of information assets with automated semantic discovery and data lineage.