Data Management News for the Week of February 10; Updates from Promethium, Superconductive, Pepperdata, and More

Top Data Management News for the Week Ending February 10, 2022

The editors at Solutions Review have curated this list of the most noteworthy data management news items for the week of February 11, 2022. In this week’s roundup, Promethium raises $26 million in Series A funding, Superconductive nabs $40 million of its own, Pepperdata appoints a new CEO, and more.

Keeping tabs on all the most relevant big data and data management news can be a time-consuming task. As a result, our editorial team aims to provide a summary of the top headlines from the last week, in this space. Solutions Review editors will curate vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy big data and data management news items.

Top Data Management News for the Week Ending February 10, 2022

Promethium Raises $26 Million in Series A Venture Capital Funding

The new round brings the Menlo Park–based startup’s total funding to $34.5 million since its 2018 founding. Promethium will use the funding to scale new customer growth by building its sales and marketing efforts and continuing to innovate its products. Promethium has been used to answer more than 16,000 business questions with data and has saved customers thousands of hours of data consolidation and data preparation.

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Superconductive Nabs $40 Million Series B Round to Hasten Data Collaboration Integrity

The new funds will be used to accelerate the continued investment in open-source and its community, development, and launch of a first commercial product, and key hires across the organization. Along with improvements to the open-source version, the company is working on the development of Great Expectations Cloud, an enterprise SaaS suite of collaboration and orchestration tools for managing data quality across an organization’s whole data infrastructure.

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Pepperdata Appoints Maneesh Dhir as New CEO

Maneesh Dhir has held executive positions in several major companies. Most recently, Dhir was the Chief Product Strategy Officer for the enterprise business at FICO. From 2010 to 2015, Dhir was Managing Director for Apple’s India business. Former CEO Ash Munshi will assume the role of Executive Chairman of the company’s board of directors after leading the company through five years of growth.

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Precisely Collabs with Charles River Development on AlphaSM Data Platform Governance

Precisely’s data governance solution, Data360 Govern, will be incorporated into the State Street Alpha Data Platform (ADP) to provide governance, lineage, and cataloging capabilities. State Street Alpha Data Platform, powered by the Snowflake Data Cloud, radically simplifies data management for investment firms and asset owners by enabling frictionless data access, data sharing and enterprise data management.

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Airbyte Announces Integration with Data Orchestration Platform Dagster

Dagster is an orchestration platform for the development, production, and observation of data assets that is an open-source project maintained by Elementl. Dagster enables practitioners to define jobs in terms of the data flow and with a fast development and test workflow. Dagster unifies disparate data tools into a cohesive data platform, making practitioners dramatically more productive, scaling from “single-player-mode” to large organizations, and providing unparalleled context for all stakeholders.

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The Cloud & SaaS Awards Names 2021-22 Cloud Award Winners in Data Management

The Cloud Awards has released its picks for the Best Cloud Data Management Solution, a report in the mold of the Forbes Cloud 100 that includes the providers it sees as leaders in the space. The Cloud Awards program was founded by a group of technical engineers, business leaders, and marketers with the aim of revealing innovation in cloud computing. The program is available to cloud technology providers across the globe and features a number of different software categories.

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For consideration in future data management news roundups, send your announcements to tking@solutionsreview.com.

Timothy King
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