Data.World nabs $50M to simplify data discovery and analysis

▤ Summary

This gives data consumers an easier way to discover, understand, use and re-use required datasets within new and existing systems, reducing the time and cost to answer critical business questions. They can save and share data queries, analyses, and findings and can also create and apply business descriptions as well as bring metadata in via collection agents, APIs, file transfers, and imports. “We haven’t found a vertical that doesn’t have disconnected and siloed data as a general norm, and this means that our TAM (total available market) is literally any medium to large size organization around the world,” Hurt said. With this round of funding, which was led by the Growth Equity business within Goldman Sachs Asset Management, the company plans to accelerate its global expansion, talent acquisition, and product innovation efforts to meet the growing market demand for its data catalog. Our inherent flexibility means that companies often start with data.world as a traditional data catalog, and then launch into a variety of data-related use cases as business needs evolve,” he added.

▦ Linked Companies

data.world, Inc.

$10M to $25M