Manta, a company that offers date lineage services, has raised $35M in Series B funding from Forestay Capital. The company will use the funds to scale up its product and add new features. Forestay was the lead investor in the round. It also led an earlier round of funding in 2013.
Manta raises $35M in Series B led by Forestay Capital
Manta has raised $35M in a Series B funding round led by Forestay Capital to expand its global presence and continue its growth trajectory. The San Francisco-based startup specializes in data pipeline and automation tools for organizations. Its platform enables businesses to seamlessly pull data from all sources to a central data warehouse, perform data transformations, and generate data-driven business insights. The company also supports ready-to-use integrations across databases and SDKs.
The company’s mission is to eliminate data blind spots and provide complete visibility and control over the entire data pipeline. Data is the lifeblood of any organization, and is the single most valuable asset for enterprises today. However, most organizations struggle to keep up with the growing complexity of data stacks, and thus face a number of challenges. These include material incidents, high risk exposure, slow change management, and significant amounts of data engineering resources wasted on routine manual tasks.
Data lineage is essential for companies transitioning to cloud or hybrid infrastructures. With the ability to trace data back to its source, companies can validate their migration plans, and identify potential mistakes in data management processes. It also enables companies to pinpoint the exact root cause of a problem. Manta will compete with well-established incumbents such as Informatica and Collibra.
Investors
Forestay Capital is an early investor in SaaS company Manta, which provides a service for visualizing the flow of information in a company. The company raised a $35M Series B round from Forestay Capital. The investment firm is part of a family-oriented investment group.
Forestay Capital has led a $35M Series B round in Manta, a company that offers a date lineage service. The funding round is a milestone for the company and will enable it to grow to serve more customers. The company is a San Francisco-based startup with a global reach.
Manta raises $35M in Series B led by Forestay Capital
Manta is a data lineage company that helps businesses organize, track, and scan data. It’s headquartered in downtown Tampa and has over 150 employees worldwide. It closed a $13 million Series A fundraising round in 2020 and has expanded its Tampa presence since then. The new funding will help the company expand globally. Manta will use the new funds to open offices in Lisbon, Portugal, and Dublin, Ireland.
Manta offers an information lineage platform to help enterprises visualize the flow of information and track data from origin to consumption. Its $35M Series B round was led by Forestay Capital. The company will use the funds to continue building its platform and expand its product offerings.
Manta’s platform uses AI to identify errors in data. It can trace data from its source to its pipelines with the help of a “time slicing” tool. It can also track changes made to business records. This means that Manta can detect errors in data and improve its algorithms.
Manta’s mission is to eliminate data blind spots by giving organizations complete visibility and control of their entire data pipeline. Today, data is the lifeblood of every organization and is one of the most valuable assets for enterprises. However, the complexity of the data stack has increased tremendously over the past decade. As a result, most organizations struggle with high material incidents, significant risk exposure, slow change management, and significant waste of data engineering resources on routine tasks.
Manta has built an advanced data lineage platform that automates customer data lineage. It also integrates different technological approaches to minimize blind spots. Its platform provides analyses that can be viewed in a native dashboard or sent to third-party governance software through connectors. It also supports an API that allows third-party data platforms to integrate with Manta.
Funding round
A startup called Flatfile has announced the close of a 35 million Series A funding round. The investment comes from a number of investors, including Google’s AI-focused venture fund, and the founders of Looker, Box, and Segment. The company has now raised more than $45 million to date. The funding will be used to expand its remote workforce and develop new products.
Forestay Capital has led a $35M Series B round for Manta, a company that offers a date-lineage service. The company raised the funds to expand its business and add additional technology capabilities. The investment follows the firm’s earlier series A and B rounds.
Manta raises $35M in Series B led by Forestay Capital
Manta is a cloud data management company that helps enterprise organizations understand the flow of information in their data. Its platform makes it easy for enterprises to visualize the flow of information and trace its origin to consumption. Its $35 million Series B was led by Forestay Capital.
The new funding will be used to scale the company. The startup currently has 152 employees and expects to hit 220 by the end of the year. It plans to use almost all of the new funding to expand globally. The company has recently opened offices in Dublin, Ireland, and Lisbon, Portugal.
The startup has a platform that allows enterprise organizations to track their data and ensure it is reliable. With the help of Manta’s platform, businesses can gain confidence in their data and accelerate their digital transformation. It builds an automated data lineage map, giving IT professionals and non-technical users full visibility and control of their data pipeline.
Manta’s mission is to eliminate data blind spots. Its platform provides complete visibility and control of the entire data pipeline, helping organizations make critical business decisions. Its technology sits in the middle of an organization’s tech stack and automatically scans data pipelines to map their transformations and sources.
Manta is a company that offers a date lineage service
Manta is a data lineage service that sits in the middle of an organization’s tech stack and automatically scans and maps the flow of data. This can help companies make informed business decisions and validate their migration plans. It can also help organizations detect mistakes in their data management processes and retrace their steps to find the root cause.
Conclusion
If you’re looking for funding for a company, you should consider Forestay Capital’s 35M Series B. They have a track record of investing in innovative technology and are focused on making companies more profitable. They’ve led several successful Series Bs and have raised over $340M total.
