Metaplane by Datadog has announced it has secured $13.8 million in new investment capital from investors. The company specializes in ensuring data trust for businesses, providing a data observability platform designed to prevent and detect data issues before they impact operations or decision-making. This funding round marks a significant milestone for the company as it continues to address the critical need for reliable data in today's data-driven enterprises.
Metaplane’s platform is utilized by data teams at prominent organizations such as Bose, ClickUp, and Klaviyo. It offers a comprehensive suite of tools including automatic anomaly detection, end-to-end column-level lineage, and powerful capabilities to prevent data incidents from occurring. The platform is noted for its ease of setup, allowing businesses to quickly implement robust data quality monitoring. By providing visibility into data health, Metaplane helps companies maintain confidence in the data that powers their strategic initiatives and daily operations.
The $13.8 million in funding will be strategically deployed to accelerate Metaplane by Datadog's product development roadmap and expand its market reach. The investment will support further innovation in its data observability platform, enhancing its capabilities to meet the evolving demands of complex data environments. This capital infusion is intended to strengthen the company's position as a leader in data reliability and empower more businesses to proactively manage their data quality.
Looking ahead, Metaplane by Datadog plans to use these funds to scale its operations and continue its mission of building trust in data. The company is committed to empowering data teams with the tools necessary to ensure the accuracy and integrity of their data assets, fostering greater confidence across all levels of an organization. This investment is poised to fuel the company's growth trajectory and its ongoing efforts to deliver best-in-class data observability solutions.
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