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Posted 20/05/2024 10:38am

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Snowflake's funds flow in,
Metaplane's data shines bright,
A new era begins.

In partnership with
Salesforce

Snowflake Ventures invests in Metaplane, boosting data observability

Data observability platform, Metaplane, has secured an investment from Snowflake Ventures in a Series A fundraising round led by Felicis Ventures.

The investment follows a significant increase in joint customers between the companies, as well as strategic product development. Metaplane has made several high-impact product investments specifically for joint customers with Snowflake, including deep integrations with Snowflake features such as Dynamic Tables, a Snowflake Native App, and achieving Premier partnership status after being the first data observability tool to achieve Snowflake's Technical Validation.

Joint customers of Metaplane and Snowflake include startups like Ramp, Klaviyo, and ClickUp, and enterprises like Bose and Sotheby's. Metaplane's near-term product roadmap for the Snowflake Data Cloud integration includes support for Snowflake features such as Tasks, Streams, Secure Data Share, Snowpipe, Snowpark, Snowflake Native Apps, Streamlit in Snowflake, and Snowpark Container Services.

"Like the iPhone, Snowflake is an enabling technology," said CEO of Metaplane, Kevin Hu. "While companies have been running SQL scripts to check data quality for decades, Snowflake has made it possible to achieve continuous visibility into the state of your data. They have not only enabled the category of data observability but also have been the central partner in its ongoing development."

With this latest investment, Metaplane's total funding now exceeds US$23 million, raised within the last two years. Other investors include Khosla Ventures, Flybridge, Y Combinator, Stage 2 Capital, B37, and SNR.

"However, this is only the beginning. As Snowflake continues to push our industry forward across data, apps, and AI, the need for reliable data will only grow. Their investment supports our commitment to developing the best-in-class integration for both the existing Metaplane service and our Snowflake Native App. If Snowflake is the iPhone of data platforms, Metaplane is the AirPods - seamlessly integrated and best when paired together," adds Hu.

Metaplane's platform proactively detects data quality issues using proprietary ML-based anomaly detection, end-to-end column-level lineage, and tools to prevent incidents before they occur.

"Snowflake customers continue to expand the possibilities of data by leveraging innovative features in the Data Cloud, such as Snowpark, Dynamic Tables, and the Snowflake Native App Framework," said Senior Product Manager, Observability at Snowflake, Ashwin Kamath. "We chose to invest in Metaplane because it helps ensure the high-quality data necessary across these initiatives. Outside of the perfect technical fit and strength of their team, joint customer feedback on how Metaplane and Snowflake work together has been resoundingly positive."

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