UPDATED 13:22 EST / MAY 24 2023

BIG DATA

DataOps.live raises $17.5M to help companies manage their Snowflake environments

DataOps.live, a London-based startup that provides software for Snowflake Inc.’s cloud data platform, has secured $17.5 million in fresh funding.

The Series A round was announced this morning. Notion Capital led the round with participation from Snowflake and Anthos Capital. DataOps.live, officially DataOps Software Ltd., previously raised a $10 million seed investment last January.

Organizations use Snowflake’s namesake platform to analyze large volumes of business information for useful insights. DataOps.live provides a software product that makes Snowflake’s platform easier to use. According to the startup, its software can reduce the amount of time required for some maintenance tasks from weeks to hours.

There are situations where a company requires the ability to create a copy of its Snowflake environment. Administrators, for example, may wish to create a backup copy that can be quickly brought online in case the primary environment experiences an outage. Backups of a Snowflake deployment may also be used by developers to test new changes before rolling them out to production.

Historically, cloning a Snowflake deployment required administrators to manually copy its settings to a new deployment. DataOps.live is aimed at easing the task. According to the company, its software allows administrators to save a Snowflake deployment’s settings in a template that can be used to quickly create copies.

DataOps.live says the feature simplifies tasks such as recovering from outages. If a Snowflake environment experiences downtime, administrators can create an identically configured copy from a template. According to the company, the task can be completed in hours using its platform rather than the days or weeks that would otherwise be required.

The startup likewise promises to ease the task of analyzing stored data in Snowflake. Its software provides the ability to create pipelines, software workflows that automatically process information. A company could, for example, create a workflow that updates a revenue monitoring dashboard with new sales data at the end of every week.

Complex data pipelines often make use of not only Snowflake’s platform but also third-party products. A pipeline might use an external ETL, or extract, transform and load, tool to stream information from a company’s internal systems into Snowflake. DataOps.live provides integrations that make it easier to manage the third-party tools involved in an analytics workflow.

Data pipelines often modify the information they ingest before processing it. A pipeline might, for example, filter duplicate sales logs before generating a weekly revenue summary. To ease such tasks, DataOps.live provides a built-in data transformation tool. 

Records are often modified not once but multiple times before they’re processed. When data errors emerge, it’s difficult to determine which specific modification caused the issue. DataOps.live says its platform enables companies to test their information for errors after each change, which makes it easier to diagnose and fix accuracy issues.

The company disclosed today that its platform helped customers run more than one million data pipelines last year. During the same time frame, the company’s annual revenue run rate quadrupled, off an undisclosed base. To support continued revenue growth, DataOps.live will reportedly use its new funding to expand its focus beyond Snowflake and add support for more data platforms.

Image: Unsplash

A message from John Furrier, co-founder of SiliconANGLE:

Your vote of support is important to us and it helps us keep the content FREE.

One click below supports our mission to provide free, deep, and relevant content.  

Join our community on YouTube

Join the community that includes more than 15,000 #CubeAlumni experts, including Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger, and many more luminaries and experts.

“TheCUBE is an important partner to the industry. You guys really are a part of our events and we really appreciate you coming and I know people appreciate the content you create as well” – Andy Jassy

THANK YOU