Lenses.io, a specialist in DataOps, has raised USD7.5 million in Series A funding from international VC firm, 83North, joining the company’s previous investor, Marathon Venture Capital. Laurel Bowden, Partner at 83North led the funding round and joins Lenses’ board of directors.
The company plans to use the funding to accelerate product development and scale operations in Europe and the US to meet growing international demand. Lenses launched its flagship DataOps product in early 2018 and has enjoyed rapid customer adoption, including multiple Fortune 500 companies such as Babylon Health, Daimler, Zopa, Playtika and SAS Software.
Real-time data analysis has emerged as a critical requirement in today’s always-on competitive environment. With a goal of gaining rapid insights and quicker response times, organisations are rebuilding their data platforms to accommodate streaming data and using cloud services for data storage and applications.
Businesses building modern data architectures face challenges in acquiring the skills to deploy and operate data-driven applications while applying the necessary governance and security. Lenses powers a new data consumption, processing and sharing model, enabling every data persona to contribute as organisations become data-driven via DataOps.
DataOps brings together data consumers in a unified experience, enabling rapid, code-free visibility into data, data systems and construction of production-ready data flows wrapped in compliance, governance and security.
“We built Lenses to enable people to create and curate data experiences in real-time. Our customers make DataOps an embedded business practice by applying it on emerging technologies such as Apache Kafka and Kubernetes,” says Antonios Chalkiopoulos, industry-known data expert, founder and CEO of Lenses.io. “We see our customers gaining exceptional value through the increased velocity in the delivery of data-rich applications whilst meeting data privacy and compliance requirements.”
“Data is the fuel to run almost every organisation across the globe. We’re excited to be working with Lenses in this transformative and high-growth technology category,” says Laurel Bowden, Partner at 83North. “Lenses.io is the only company delivering innovative DataOps capabilities to organisations which both future-proofs and protects existing technology investments.”
