Anomalo, a Palo Alto, CA-based data quality platform company, raised $33M in growth funding.
The round, which brought the total amount to $72M, was led by SignalFire with participation from strategic investor Databricks Ventures. Previous investors Norwest Venture Partners, Two Sigma Ventures and Foundation Capital also participated. Chris Scoggins, General Partner at SignalFire, joined Anomalo’s board.
The company intends to use the funds to continue to advance its platform and to scale both engineering and go-to-market teams.
Founded by Elliot Shmukler, CEO, and Jeremy Stanley, CTO, Anomalo helps enterprises build confidence in the data they use to make decisions and build products. Enterprises can connect its data quality platform to their data warehouse and begin monitoring their data in a few 5 minutes, all with minimal configuration and without a single line of code.
Customers include some of the biggest brands like Block, BuzzFeed, Casey’s, Discover, Notion and The College Board.
Commenting on the news, Elliot Shmukler said: “The world increasingly runs on data with companies large and small investing in the technologies they need to become more data informed and to leverage the power of new technologies like Generative AI. As Jeremy and I suspected when we founded Anomalo, data quality has become an urgent issue in this new world. So it’s gratifying that Anomalo has become a key component of the data journey for such a diverse set of enterprise customers.”
FinSMEs
24/01/2024