An AI-powered data analytics platform core just announced $8 million in seed funding and the general availability of its platform, which is designed to allow developers to find and fix problems with data before the code containing it is deployed.
The funding round was led by Viola Ventures and Gradient, with Asymmetric Venture Partners and executives from Datadog, Intuit, Meta, Wiz and others also participating in the round.
It will use the new funding to continue developing its technology and adding new features to the platform.
“It has become an extremely difficult task for developers to confirm key questions such as: ‘Which dashboards will this schema change affect?’, ‘Can I safely apply this code change?’ or ‘What data channels do we have that are down?'” said Alon Nafta, CEO and co-founder of Foundational. “The inability to validate simple code changes, the lack of visibility and control, and the time-consuming nature of data engineering are creating a dramatic bottleneck in the innovation and adoption of data and artificial intelligence.”
Zvika Orron, general partner at Viola Ventures, added: “Data is exploding everywhere, and organizations that manage data properly will be the big winners. Software engineering has been able to scale greatly through the use of code analysis, CI/CD and SDLC, and Foundational is now introducing them to data. We are excited to support the journey of this exceptional team as they transform the way businesses manage big data.”