Prophecy.io Raises $6M in Funding

Prophecy.io, a Palo Alto, Calif.-based provider of a SaaS based low code data engineering platform, raised $6m in funding.

Backers included SignalFire and Ross Mason, founder of Mulesoft (acquired by Salesforce for $6.5 billion in 2018),

Led by Raj Bains, CEO, Prophecy has launched a new SaaS version of its low code data engineering platform for data practitioners. The solution helps businesses accelerate the development and deployment of data pipelines so that massive incoming data streams can be prepared for analytics and machine learning. Prophecy combines visual drag and drop development with agile software practices including code on git, tests, continuous integration, and deployment to production. It also provides column-level lineage that enables users to track every value from the source systems all the way to final analytics.

The SaaS version will launch initially on Databricks (AWS, Azure, and GCP clouds), and later will be expanded to other Spark providers.

The company already has several Fortune 500 customers for its enterprise product.

FinSMEs

24/02/2021