Treeverse, a Tel Aviv, Israel-based creator of lakeFS, the open-source technology that brings streamlined data lifecycle management and version control to data lakes, raised $23m in funding to date.
Dell Technologies Capital, Norwest Venture Partners, and Zeev Ventures led the round.
The company intends to use the funds to further accelerate the development and adoption of the innovative solution designed for any enterprise data team tasked with managing petabytes or more of data in one shared system.
Founded in 2020 by Oz Katz and Einat Orr, Treeverse is the company behind lakeFS, the open-source technology that brings streamlined data lifecycle management and version control to data lakes. With global enterprise users spanning all verticals, lakeFS allows data engineers, DataOps professionals, machine learning developers, and CTOs to run their applications, manage their data, and increase productivity.