UPDATED 20:06 EDT / APRIL 10 2024

AI

New Collibra governance solution seeks to enhance data reliability in AI projects

Data management startup Collibra Inc. today unveiled several product innovations designed to empower users to more easily find, govern and access data.

Leading the list is the general availability of Collibra AI Governance, a solution designed for artificial intelligence and risk teams that provides full visibility and control while also ensuring the use of reliable data across tools and use cases.

Collibra argues that modern organizations are struggling to deliver responsible, compliant AI while at the same time lacking confidence that the data they are using in AI can be trusted. Thrown into the mix also is a growing set of regulatory, operational and reputational risks associated with AI that organizations have to deal with.

The second announcement today was the launch of Collibra AI, a set of new generative AI features that enable organizations to use machine learning and artificial intelligence to automate data quality and data governance functions.

Collibra also today announced Collibra Data Notebook, a service created to assist in dealing with growing volumes and varieties of data across the enterprise. The service allows data teams to more simply query, reuse, and share data, overcoming issues with siloed SQL data notebooks that lack integration with data catalog and data governance solutions. Using the notebook, organizations can obtain more context, meaning and insights from data found through Collibra.

The updates to Collibra introduce a range of features designed to enhance data governance, usability and user experience. The notebook offers SQL access to governed data, enabling efficient querying, exploration and sharing of insights. An updated user interface makes data governance more accessible through improved usability elements like contrast and color alongside customizable asset pages for a tailored user experience.

“With the general availability of Collibra AI Governance and the announcement of Collibra AI, we’re committed to making the work of data teams faster and more efficient by leveraging the power of AI,” Laura Sellers, chief product officer for Collibra, said in a statement. “By ensuring all data can be trusted, data leaders can reduce the risks of using AI and instead use it to drive responsible innovation within their organizations.”

Collibra is a venture capital-backed startup, having raised $596 million, according to Tracxn, including a round of $250 million on a $5.25 billion valuation in 2021. Investors include CapitalG, Alphabet Inc.’s venture unit, as well as Sequoia Capital LP, Sofina S.A., Tiger Global Management LLC, Battery Ventures LP, Durable Capital Partners LP, Iconiq Capital LLC, Dawn Capital LLC and Index Ventures.

Image: Collibra

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