BOSTON, March 5, 2024 /PRNewswire/ -- Metaplane, the leading data observability platform for data teams, today announced its $13.8 million Series A funding round led by Felicis, with participation Khosla Ventures, Flybridge, Y Combinator, Stage 2 Capital, B37, and SNR. This comes on the heels of a successful 2023 that saw impressive revenue growth, accelerated customer acquisition, and rapid product innovation. With the close of its Series A round, Metaplane has now raised a total of $22.2 million including its Seed round, which was raised less than one year ago, and includes leading investors like Khosla Ventures, Flybridge, and Y Combinator. Metaplane will use the fresh round of capital to continue building the next evolution of data observability, with the goal of helping data teams monitor data more deeply, easily, and faster than ever before. In 2023, the Metaplane customer base tripled to over 100 companies and now includes the data teams at leading companies like Klaviyo, Sigma, Census, GoFundMe, Bose, Ramp, and ClickUp
In 2023, the Metaplane customer base tripled to over 100 companies and now includes the data teams at leading companies like Klaviyo, Sigma, Census, GoFundMe, Bose, Ramp, and ClickUp
"We are so proud of what Metaplane was able to accomplish in 2023. Data is foundational to modern businesses, and our commitment to bring insights, fast resolution times, and peace of mind to our customers is our company mission. With this funding, Metaplane will enhance its data observability platform to support the evolving needs of data engineers. Our main areas of focus will be adding new automations, deeper data observability analytics and new ways to integrate Metaplane into data workflows so everyone using the data can check performance," said Kevin Hu, CEO and co-founder of Metaplane. "We are honored to count Felicis and all our other investors as our partners in this effort. Their belief in Metaplane makes this all possible." Metaplane usage has surged this past year - as of January 2024, Metaplane customers have run more than 500 million data quality checks on over 40 million data assets and over 30 million data lineage connections. Metaplane customers tripled the number of monitors created while detecting and resolving over 80,000 incidents
Metaplane customers tripled the number of monitors created while detecting and resolving over 80,000 incidents
"We are so proud of what Metaplane was able to accomplish in 2023. Data is foundational to modern businesses, and our commitment to bring insights, fast resolution times, and peace of mind to our customers is our company mission. With this funding, Metaplane will enhance its data observability platform to support the evolving needs of data engineers. Our main areas of focus will be adding new automations, deeper data observability analytics and new ways to integrate Metaplane into data workflows so everyone using the data can check performance," said Kevin Hu, CEO and co-founder of Metaplane. "We are honored to count Felicis and all our other investors as our partners in this effort. Their belief in Metaplane makes this all possible." Metaplane usage has surged this past year - as of January 2024, Metaplane customers have run more than 500 million data quality checks on over 40 million data assets and over 30 million data lineage connections. Metaplane customers tripled the number of monitors created while detecting and resolving over 80,000 incidents
Metaplane customers tripled the number of monitors created while detecting and resolving over 80,000 incidents
Metaplane Announces $13.8M Series A led by Felicis on Heels of Rapid Growth of Its Data Observability Platform

Source prnewswire