Soda, a Brussels, Belgium-based provider of a data monitoring platform that streamlines how teams find the data worth fixing, raised €11.5M in Series A financing.
The round was led by Singular with returning participation from seed investors Point Nine Capital, Hummingbird Ventures, DCF and angel investors.
The company intends to use the funds to develop the usability and scalability of its cloud-based platform, in addition to establishing a global community of users.
Led by Maarten Masschelein, CEO & Co-Founder, and Tom Baeyens, CTO & Co-founder, Soda provides a data monitoring platform that keeps data fit for purpose, verifiable and trustworthy. The system uncovers data issues, alerts the right teams, and triggers resolution workflows to identify causes that impede data quality. The open source testing projects and monitoring platform brings together data engineers, operations and the business to create trusted data.
The platform’s interface enables users to instrument multiple datasets across any data workload to create observability so that anyone in the organisation can collaborate on data monitoring. This means businesses can adapt quickly to change, swiftly deploy new technologies and build innovative new products on solid data foundations.