Masthead Data Raises $1.3M in Funding

Masthead Data, a Toronto, Canada-based data observability platform provider, raised $1.3M in funding.

The round was led by focal, with participation from SMOK Ventures, DEPO Ventures, Monochrome, Alchemist Accelerator and angel investors.

The company intends to use the funds to expand operations and its business reach.

Founded in March 2022 by Ukrainians Yuliia Tkachova and Sergey Tkachov, Masthead Data provides a data observability platform that does not require access to client data and only relies on logs and metadata to alert on anomalies in Google Cloud in real time. It offers a view of data anomalies, pipeline anomalies, and schema changes without integrating with ETL, helping data teams catch anomalies before they cause problems for business users.

Masthead is currently available for Google Cloud, and will be rolling out to other providers in the coming months. The platform integrates with Looker so clients can see how data pipeline malfunctions impact downstream users and business operations. Installation is simple. It is already being used by organizations in ecommerce, finance and a range of other technology domains.

FinSMEs

19/06/2023