Data Quality Platform Anomalo Secures $33m

Palo Alto, CA-based data quality platform Anomalo has raised $33m in a funding round, earmarked for further development of its platform and for recruiting in both engineering and go-to-market functions.

The round brings the firm's total raised to date to $72m and was led by SignalFire with participation from a new strategic investor Databricks Ventures, as well as existing backers Norwest Venture Partners, Two Sigma Ventures and Foundation Capital. As part of the deal Chris Scoggins, General Partner at SignalFire, has joined Anomalo's board.

The company was founded by CEO Elliot Shmukler and CTO Jeremy Stanley. The platform is connected to a data warehouse in 'a few minutes' with no code required, to begin monitoring data.

Shmukler told online publication techcrunch.com: 'If you're going to use data to do anything, whether it's dashboarding, decision-making, or these days to power generative AI applications, then you need [a tool] that's actually monitoring that data and making sure it's correct, of high quality and ready to be used'. The publication estimates Anomalo's current revenue at 'close to $15 million' and says its headcount of around 50 could double with the new money.

Web site: www.anomalo.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.