Astronomer raises $5.7M from Bain and Sierra Ventures

Astronomer raises $5.7M from Bain and Sierra Ventures

Cincinnati, OH-based Astronomer, the leading provider of managed Apache Airflow services, recently closed their $5.7M seed round. Grand Ventures participated in the raise alongside a number of other world-class funds including Bain Capital Ventures, Sierra Ventures, Refinery Ventures, Frontline Capital Ventures, CincyTech, and Wireframe Ventures. Astronomer will use the funds to continue development of its revolutionary product Astronomer Cloud, the fastest growing multi-tenant Airflow as a Service platform.

 

Developed at Airbnb by Maxime Beauchemin, Apache Airflow has become the de facto standard for workflow orchestration for the modern data stack. Since its start as an open source project in 2016, thousands of companies including Uber, Lyft, Twitter, PayPal and Apple have adopted Airflow. Beauchemin currently serves as a strategic advisor to Astronomer.

 

As part of today’s announcement, Tim Guleri, managing director of Sierra Ventures has joined Astronomer’s Board of Directors. Guleri brings deep knowledge and experience in leading companies from inception through hypergrowth to exit. “Astronomer is creating a new multi-billion dollar developer-led category: Programmatic Data Integration Platform,” stated Guleri. “I love big macro trends and innovative teams, and I found that in Astronomer. We look forward to working with their talented leadership team in its next phase of growth.”

 

2019 has been a period of record expansion for Astronomer. Since its launch last year, Astronomer has quickly distinguished itself as the leading developer of data orchestration solutions based on Apache Airflow. “It’s easy to see why Airflow has reached such unprecedented levels of adoption by data engineering teams across the globe,” stated Joe Otto, CEO of Astronomer. “With this financing, we are directing more investment toward the Apache Airflow project to bolster the already impressive capabilities of Airflow, and are partnering with leading world wide organizations to improve the efficiency of their complex data flows and create a new standard for data orchestration in the modern enterprise.”

 

Read more here.

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