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[Funding News] CA-based Tobiko Data Secures $21.8Million in Funding

Tobiko Data, a data infrastructure startup, secures $21.8million in funding. The sum included a $17.3 million Series A headed by Theory Ventures, which included participation from 20Sales, Fivetran CEO George Fraser, Census CEO Boris Jabes, and MotherDuck CEO Jordan Tigani, as well as a $4.5 million Seed fundraising round from Unusual Ventures.

Tobiko Data, a data infrastructure startup, secures $21.8million in funding. The sum included a $17.3 million Series A headed by Theory Ventures, which included participation from 20Sales, Fivetran CEO George Fraser, Census CEO Boris Jabes, and MotherDuck CEO Jordan Tigani, as well as a $4.5 million Seed fundraising round from Unusual Ventures.

As part of the transaction, Theory Ventures’ founder Tomasz Tunguz will become a board member.

The money will be used by the company to maintain funding for its enterprise and managed cloud versions, which are currently accessible, as well as its open source projects SQLMesh and SQLGlot.

Read also – [Funding News] TX-based Vantage Discovery Secures $16Million in Series A Round Funding

Tobiko Data, founded by brothers Tyson and Toby Mao and Iaroslav Zeigerman, is the developer of open source products SQLGlot and SQLMesh, which decrease the amount of labor-intensive manual data wrangling and boost warehouse performance by preventing unnecessary table rebuilds.

With the help of its SQLMesh-based data transformation platform, professionals can focus more of their resources on the company and less on infrastructure by automating the creation of data pipelines.

An essential part of SQLMesh, SQLGlot is an open source SQL parser, transpiler, and translator that works with twenty-four distinct SQL dialects at the moment.

About Tobiko

Tobiko is developing an open source DataOps platform called SQLMesh that will allow data teams to test pipeline modifications, work together on data improvements, and efficiently transform data at scale.

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