Data Engineering platforms

Updated: September 17, 2022

2022. Sigmoid raises $12M to scale its data engineering and analytics platform

Sigmoid, a startup helping firms comb through their data and derive better insights from it, has raised $12 million. Sigmoid offers analytics and AI solutions to companies around the globe. Firms operating in consumers goods and financial services categories are some of Sigmoid’s largest customers. Sigmoid sees traditional players including Accenture, Infosys and Cognizant as some of its key competitors in the market. Nonetheless, it believes that its mix of people, process and technology make it a different entity altogether.

2021. Hex snags $16M to keep building collaborative data workspace

Data is everywhere inside organizations, and employees are increasingly trying to find ways to put it to work to improve business outcomes. Hex, a startup that wants to simplify how data scientists and other employees gather and share data, has announced a $16 million Series A. Most data scientists work with their data in online notebooks like Jupyter, where they can build SQL queries and enter Python code to organize it, chart it and so forth. What Hex is doing is creating this super-charged notebook that lets you pull a data set from Snowflake or Amazon Redshift, work with and format the data in an easy way, then drag and drop components from the notebook page — maybe a chart or a data set — and very quickly build a kind of app that you can share with others.

2020. Fishtown Analytics raises $29.5M for its data engineering platform

Fishtown Analytics, the company behind the dbt open-source data engineering tool, has raised a $29.5 million Series B. The company is building a platform that allows data analysts to more easily create and disseminate organizational knowledge. Its focus is on data modeling, with its dbt tool allowing anybody who knows SQL to build data transformation workflows. Dbt also features support for automatically testing data quality and documenting changes, but maybe most importantly it uses standard software engineering techniques to help engineers collaborate on code and integrate changes continuously.