Ascend.io Raises $31M in Series B Funding

Funding Rounds

▤ Summary

The round was led by Tiger Global with participation from Shasta Ventures and existing investor Accel. The company intends to use the funds to: • scale go-to-market efforts and expansion into new geographies, as well as Led by Sean Knapp, CEO and Founder, Ascend.io is a Data Automation Cloud platform that provides advanced automation for data and analytics engineering workloads. The solution unifies the core capabilities of data engineering—data ingestion, transformation, delivery, orchestration, and observability—into a single platform to empower any member of the data team—from data engineers to data scientists to data analysts—to quickly and easily build and deliver on the data and analytics workloads they need. Ascend.io runs natively on data lakes and warehouses and in AWS, Google Cloud and Microsoft Azure and will expand support to also include Amazon Redshift, AWS Glue, Microsoft Azure Synapse, and more.

$ Funding

$
Amount $31.0M Total raised
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Date April 6, 2022 Announcement date
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Investors - Lead investors
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Company http://www.ascend.io Funded company

▥ Classifications

industries
Engineering
applications
Data Management

◇ AskAI Classifications

Labels
Data Engineering SaaS AI-driven Data Pipeline Automation

▦ Linked Companies

Ascend.io
$1M to $5M