There was a huge influx of capital into the data technology sector in the first half of 2021. Databases, platforms, query engines, data quality and governance tools were all popular.
The orange color denotes the top 5 raises (Databricks, Neo4j, Cockroach Labs, dbt Labs (formerly Fishtown Analytics), Dremio) and the small markers show the (rudimentary) category for each company.
The chart now contains 29 fundraising events with $2.83 billion in total funding, not including the $828M Confluent IPO and the $5.3 billion Cloudera buyout.
Data Platforms and Query Engines:
- Databricks raises $1B at $28B valuation as it reaches $425M ARR (February, 2021)
- Dremio's $135M Series D (January, 2021)
- Firebolt Ignites Growth with a $127M Series B Funding Round (June, 2021)
- Starburst Announces $100M Series C Led by Andreessen Horowitz (January, 2021)
- Imply Raises $70M in Series C fundin(June, 2021)
- StarTree Secures $24 Million Funding to Commercialize “Blazing Fast” Analytics Platform Used by LinkedIn and Uber(May, 2021)
Databases:
- Neo4j raises $325M as graph-based data analysis takes hold in enterprise (June, 2021)
- Cockroach Labs scores $160M Series E on $2B valuation | TechCrunch (January, 2021)
- TigerGraph Raises $105 Million to Accelerate Graph Analytics on the Cloud (February, 2021)
- Yugabyte Secures $48M in Funding and Sets the Stage for Global Growth (March, 2021)
- TimeScaleDB - $40 million to help developers measure everything that matters (May, 2021)
Metadata and datacatalogs:
- Alation Raises $110 Million in Series D Funding for Popular Data Catalog (June, 2021)
- Atlan raises $16M led by Insight Partners to build a collaboration hub for data-driven teams (May, 2021)
- Acryl Data, emerges from stealth with $ 9 million from 8VC, LinkedIn and Insight – TechCrunch (June, 2021)
- Stemma: Helping you trust your data - ($ 4.8M, June, 2021)
Data Quality and Observability:
- Monte Carlo raises $25M for its data observability service (February, 2021)
- Bigeye (formerly Toro) scores $17M Series A to automate data quality monitoring (April, 2021)
ETL and workflow:
- dbt Labs - Of the Community, By the Community, For the Community ($ 150M, June, 2021)
- Matillion Closes $100M Round To Make Data Useful (February, 2021)
- Prefect Raises $11.5M in Series A Funding to Eliminate Negative Engineering in Dataflow Automation (February, 2021)
- Airbyte, We Raised a $5M Seed Round With Accel to Become the Open-Source Standard for Data Integration (March, 2021)
- Meltano Spins Out of GitLab, Raises $4.2M in Seed Funding Led by GV to Enhance Open Source Data Integration (June, 2021)
Other:
- Jedox Announces $100+ Million Investment to Boost Global Growth and Leadership in Enterprise Performance Management (EPM) (January, 2021)
- Why SafeGraph Raised a $45M Series B (April, 2021)
- Our $35 million Series B - Streamlit (April, 2021)
- Snowplow Analytics raises $10 million in Series A2 funding (January, 2021)