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Fundraising by data companies in 2021 – July and August

July and August were again quite active months, with 13 notable fundraising events. The list includes the 1.6 billion raise by Databricks and large rounds for Dataiku ($400M), Datarobot ($300M) and Grafana Labs ($220M).

It's interesting to see that the 2 major open source data visualization companies raised funds during the period: Preset (creators of Apache Superset, $39.5M) and Metabase ($30M).

It's also worth mentioning the launch of Voltron Data by Wes McKinney and Josh Patterson to further develop the Apache Arrow ecosystem and the $200M Couchbase IPO.

 


(hi-res version)

Data Platforms and Query Engines:

BI/Dataviz:

ETL, Data Quality and Observability:

AI  and Machine Learning:

 

Fundraising by data companies in 2021

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 (DatabricksNeo4jCockroach Labsdbt 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:

Databases:

Metadata and datacatalogs:

Data Quality and Observability:

ETL and workflow:

Other: 

Fundraising by data companies in 2021 from July