Bigeye, a NYC-based provider of a data observability platform, received a strategic investment from Alteryx Ventures.
This investment brought Bigeye’s total fundraising to $68.5m and adds Alteryx to investors including Sequoia Capital, Costanoa Ventures, Coatue, and In-Q-Tel.
Thy company intends to use the funds to further strengthen enterprise adoption, expand its technology, and deepen its partner ecosystem.
Led by CEO and Founder Kyle Kirwan, Bigeye provides a cloud platform that helps data engineering and data science teams ensure data reliability. Organizations use its automated data quality monitoring, ML-powered anomaly detection, and deep data lineage to detect and resolve issues before they impact the business.
Commenting on the news, Kyle Kirwan said: “I’ve spoken with enterprise data leaders across many verticals and the need for reliable analytics is a constant theme. Alteryx continues to exhibit leadership in the enterprise analytics space, and we believe with Alteryx’s investment, our customers will be able to unlock new capabilities and benefits. Ultimately, both Bigeye and Alteryx allow enterprise leaders to make strategic investments in their data programs with full confidence that they will be able to deliver fast but also reliable insights to their organizations.”
FinSMEs
06/12/2023