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Masthead Data Raises $1.3M To Provide Observability Without Requiring Client Data Access Or Increasing Cloud Costs

PRIVATEJun 15, 2023

Amount Raised

$1.3 Million

Round Type

Seed

TorontoSoftwareEnterprise SoftwareAnalyticsMessaging

Investors

SnowflakeAlchemist AcceleratorMonochromeDepo VenturesSmok VenturesFocal

Description

Masthead Data, the first data observability platform that relies only on logs and metadata, today announced it has raised $1.3M in pre-seed funding led by focal, with participation from SMOK Ventures, DEPO Ventures, Monochrome, and Alchemist Accelerator. Angel investors from Snowflake, ex-Uber employees, ex-Googlers, privacy and security professionals also participated in the round.

Quick answer

Masthead Data raised $1.3 Million in a Seed round, dated June 15, 2023. Investors: Snowflake, Alchemist Accelerator, Monochrome, Depo Ventures, Smok Ventures and Focal. Masthead Data is based in Toronto, Ontario, Canada.

How much did Masthead Data raise?
Masthead Data raised $1.3 Million in a Seed round on June 15, 2023.
Who invested in Masthead Data?
Snowflake, Alchemist Accelerator, Monochrome, Depo Ventures, Smok Ventures and Focal are named as investors in this round.
What does Masthead Data do?
Masthead Data is a data reliability platform that catches anomalies in Google BigQuery in real time.
Where is Masthead Data based and how big is it?
Masthead Data is based in Toronto, Ontario, Canada.
Who are the decision-makers at Masthead Data?
Fundz holds 1 contact at Masthead Data. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Enterprise Software and Analytics around the same time

Companies in the same sectors as Masthead Data that raised within 45 days of this round, from Fundz verified event records.

  • Thena raised $5M (Seed) on May 24, 2023.
  • Kapture CX raised $4M (Seed) on July 27, 2023.
  • HumanFirst raised $5M (Funding Round) on July 26, 2023.
  • Hammerspace raised $57M (Funding Round) on July 18, 2023.
  • Tamr raised an undisclosed amount on July 12, 2023.
  • Coalesce raised $150K on July 10, 2023.

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Company Information

Company

Masthead Data

Location

Toronto, Ontario, Canada

About

Masthead Data is a data reliability platform that catches anomalies in Google BigQuery in real time. It utilizes machine learning to understand which data inputs are falling out of their expected behavior. Masthead observes data from the moment it enters GBQ to the moment it reaches the data consumer in Looker or Data Studio. Masthead is designed to pinpoint what anomalies have happened and where helping to reduce root cause analysis for data engineers and data analysts to a few minutes. This helps data teams catch anomalies before they end up in C-Suite dashboards and cause harm. What makes Masthead stand out is its high-security standards. Masthead does not need direct access to the client's data and the data never leaves the client's environment. This means we are HIPAA compliant and do not require any downgrades to client security standards. If you'd like to learn more, feel free to shoot us a message and check out our website! We would love to chat and see how we can help you reach your milestones! Visit our website to learn more: https://mastheadata.com/ Twitter: @mastheaddata Stay up to date with us!

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