Databand, a New York and Tel Aviv, Israel-based observability platform that enables data engineers to monitor the health of their pipelines, raised a $14.5m in Series A funding.
The round was led by Accel with participation from Blumberg Capital, Lerer Hippeau, Ubiquity Ventures, Differential Ventures, F2 Venture Capital, and Bessemer Venture Partners.
The company intends to use the funds to expand the team across offices in New York, Tel Aviv, and Kiev, including engineers, product managers, and client-facing team members, and bolster product development, including its open source library for data pipeline tracking and optimization.
Founded in 2019 by Josh Benamram, Victor Shafran and Evgeny Shulman, Databand has developed a unified data pipeline observability solution for data engineers. The platform works by ingesting pipeline metadata, including logs, runtime info, and data profiles. It synthesizes this information from multiple tools, such as Airflow, Spark, and Snowflake, into one system to allow users to understand bottlenecks, errors, and anomalies in real-time. When a problem is detected, Databand can drill in across layers of tools and point users to the root cause.
As part of its solution, Databand offers an open source library with a range of utilities for data engineers. The library makes it easy to track pipeline metadata and simplifies the management of dynamic, multi-cloud data workflows.
The platform is currently used by a range of data teams, from Fortune 500s to early stage startups.
FinSMEs
10/12/2020