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Today: September 25, 2024
March 6, 2024
1 min read

Metaplane Secures $138M in Series A Funding Round

TLDR:

  • Metaplane, a data observability platform for data teams, raised $13.8M in Series A funding led by Felicis.
  • The company will use the funds to expand operations and development efforts.

Metaplane, based in Boston, MA, secured $13.8M in Series A funding with Felicis as the lead investor, along with participation from Khosla Ventures, Flybridge, Y Combinator, Stage 2 Capital, B37, and SNR. Founded in 2019 by Kevin Hu, Guru Mahendran, and Peter Casinelli, Metaplane offers a data observability platform for data teams to ensure data trust within companies. The platform monitors data warehouses to detect quality issues in real-time, preventing incidents before they occur. With a customer base that tripled in 2023 to include over 100 companies such as Klaviyo, Sigma, Census, GoFundMe, Bose, Ramp, and ClickUp, Metaplane aims to help data teams save time debugging and fixing issues before downstream users are affected. The funding will be used to enhance operations and further develop the platform to meet the growing demand for data observability solutions.

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