Ascend.io Raises $31M in Series B Funding

Ascend

Ascend.io, a Menlo Park, Calif.-based Data Automation Cloud company, raised $31m in Series B funding.

The round was led by Tiger Global with participation from Shasta Ventures and existing investor Accel.

The company intends to use the funds to:

  • scale go-to-market efforts and expansion into new geographies, as well as
  • extend its Data Automation Cloud to support full multi-cloud data mesh automation.

Led by Sean Knapp, CEO and Founder, Ascend.io is a Data Automation Cloud platform that provides advanced automation for data and analytics engineering workloads. The solution unifies the core capabilities of data engineering—data ingestion, transformation, delivery, orchestration, and observability—into a single platform to empower any member of the data team—from data engineers to data scientists to data analysts—to quickly and easily build and deliver on the data and analytics workloads they need.

Ascend.io runs natively on data lakes and warehouses and in AWS, Google Cloud and Microsoft Azure and will expand support to also include Amazon Redshift, AWS Glue, Microsoft Azure Synapse, and more.

FinSMEs

06/04/2022