Sift Raises USD7.5M in Funding

Sift
Sift founders Austin Spiegel and Karthik Gollapudi

Sift, a Los Angeles, CA-based telemetry tool-based startup, raises USD7.5M in funding.

Backers included Riot Ventures and Fika Ventures.

The company intends to use the funds to expand operations and its development efforts.

Led by Karthik Gollapudi andĀ Austin Spiegel, Sift provides an end-to-end telemetry stack to increase transparency in machine performance, helping hardware companies across the globe get to market faster, stay under budget, and avoid preventable errors. Its stack allows engineering teams to scale their data infrastructure, easily review data, and automate operations and easily locate and interpret the data they’re searching for without complication.

The Sift stack is already used by innovative operating teams in aerospace, aviation, defense, energy and transportation.

Karthik GollapudiĀ is a second generation software developer with deep roots in the SpaceX community. As a former Dragon engineer, he led mission-over-mission operations, including simulation, test, and certification. He achieved several advancements in human spaceflight, including joint simulations with NASA, before founding Sift in 2023.

Austin SpiegelĀ is a seasoned software engineer who started his career at SpaceX, where he was a lead responsible for the telemetry system for Starlink’s satellite constellation and innovative manufacturing systems. From building groundbreaking applications to managing diverse engineering teams, his contributions spanned multiple divisions, culminating in the foundation of Sift in 2023.

FinSMES

08/11/2023