Israel’s Databand Raises $14.5 Million Series A, Led by Accel, to Develop Unified Data Monitoring Platform

Israel’s Databand Raises .5 Million Series A, Led by Accel, to Develop Unified Data Monitoring Platform

Israeli startup Databand, which develops a platform that enables data engineers to monitor the health of their pipelines, has raised a $14.5 million series A round, led by Accel with participation from Blumberg Capital, Lerer Hippeau, Ubiquity Ventures, Differential Ventures, F2 Venture Capital, and Bessemer Venture Partners.

Founded in 2019 by Josh Benamram, Victor Shafran and Evgeny Shulman, Databand has developed a unified data pipeline observability solution that’s purpose-built for data engineers.

Databand’s platform works by ingesting pipeline metadata, including logs, runtime info, and data profiles. It synthesizes this information from multiple tools, such as Airflow, Spark, and Snowflake, into one platform to help users understand bottlenecks, errors, and anomalies in real-time. When a problem is detected, Databand can drill in across layers of tools and point users to the root cause.

As part of its platform, Databand offers an open source library with a range of utilities for data engineers. The library makes it easy to track pipeline metadata and simplifies the management of dynamic, multi-cloud data workflows.

Databand has gained traction quickly, and is currently used by a range of data teams, from Fortune 500 companies to early-stage startups.

The new funds will be used to hire new staff in the company’s offices in New York, Tel Aviv, and Kiev, including engineers, product managers, and client-facing team members, as well as bolster product development, including Databand’s open source library.

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