Immuta Secures $8m in Series A Funding

immutaImmuta, a College Park, Maryland-based data platform, secured $8m in Series A funding.

The round, which brings total funding to $9.5m to date, was led by Drive Capital with participation from Greycroft Partners and Conversion Capital.

The company intends to use the funds to expand operations.

Founded in 2014 by Matthew Carroll, CEO, and Steve Touw, CTO, Immuta provides a platform that streamlines data management workflows to solve for the organizational challenges facing modern data science operations. It allows data scientists to create regulated and compliant data sandbox environments that combine disparate data sources from within and across organizations and supports every major structured and unstructured data source, on premise or in the cloud, including Amazon S3, SQL, NoSQL and Hadoop.
Customers include global financial institutions, telecommunications companies and national security organizations.



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