BOSTON, May 15, 2024
/PRNewswire/ -- Metaplane, the leading data observability platform,
today announced an investment from Snowflake Ventures, on the heels
of a sharp increase in joint customers with Snowflake, strategic
product development, and Metaplane's Series A fundraising
announcement just a few months ago led by Felicis Ventures. This
brings Metaplane's total investment to just over $23M raised within the past 2 years, with
additional investor participation from Khosla Ventures, Flybridge,
Y Combinator, Stage 2 Capital, B37, and SNR.
Metaplane was founded to help save time and preserve trust for
data teams. Their data observability platform proactively detects
data quality issues before downstream users are impacted. This is
accomplished with proprietary ML-based anomaly detection,
end-to-end column-level lineage to ease incident management, and
tools to help proactively prevent incidents before they occur.
Several of Metaplane's high-impact product investments were
built specifically for joint customers with Snowflake,
including:
- Building deep integrations with high-growth Snowflake features
such as Dynamic Tables
- Being the first data observability tool to build a Snowflake
Native App
- Achieving Premier partnership status after being the first data
observability tool to achieve Snowflake's Technical Validation
The growing list of joint customers includes the fastest-growing
startups like Ramp, Klaviyo, and ClickUp as well as leading
enterprises like Bose and Sotheby's. As more users choose the
Snowflake Data Cloud for their analytics, ML / AI, and application
development, the need to ensure trusted, accurate, high-quality
data is higher than ever.
"Like the iPhone, Snowflake is an enabling technology," says
Kevin Hu, CEO of Metaplane. "While
companies have been running SQL scripts to check data quality for
decades, Snowflake has made it possible to achieve continuous
visibility into the state of your data. They have not only enabled
the category of data observability but also have been the central
partner in its ongoing development."
"However, this is only the beginning. As Snowflake continues to
push our industry forward across data, apps, and AI, the need for
reliable data will only grow. Their investment supports our
commitment to developing the best-in-class integration for both the
existing Metaplane service and our Snowflake Native App. If
Snowflake is the iPhone of data platforms, Metaplane is the AirPods
– seamlessly integrated and best when paired together."
Metaplane's near-term product roadmap for the Snowflake Data
Cloud integration includes support for Snowflake features such as
Tasks, Streams, Secure Data Share, Snowpipe, Snowpark,
Snowflake Native Apps, Streamlit in Snowflake, and Snowpark
Container Services. Together, these integrations empower customers
with some of the most critical workloads such as data engineering,
collaboration, application development, and AI/ML.
"Snowflake customers continue to expand the possibilities of
data by leveraging innovative features in the Data Cloud, such as
Snowpark, Dynamic Tables, and the Snowflake Native App Framework,"
said Ashwin Kamath, Senior Product
Manager, Observability at Snowflake. "We chose to invest in
Metaplane because it helps ensure the high-quality data necessary
across these initiatives. Outside of the perfect technical fit and
strength of their team, joint customer feedback on how Metaplane
and Snowflake work together has been resoundingly positive."
About Metaplane
Metaplane ensures that companies can
trust the data that powers their business. Metaplane's
best-in-class data observability platform monitors your data
warehouse to catch data quality issues when they happen and help
prevent incidents before they occur. In doing so, Metaplane helps
avoid costly mistakes, saves data teams hours spent debugging, and
fixes issues before downstream users and customers are affected. To
learn more or get started for free, visit
https://www.metaplane.dev.
Media Contact
marketing@metaplane.dev
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SOURCE Metaplane