CINCINNATI–(BUSINESS WIRE)–Astronomer, a data engineering platform, closed $3.5M in new financing, led by Wireframe Ventures in San Francisco and CincyTech in Cincinnati. Other investors include Frontline Ventures (UK), Grand Ventures, Drummond Road, Core Network, M25 Group, with debt financing participation from Silicon Valley Bank.
For high-growth startups to Fortune 500 enterprises, data analytics has become a critical requirement for winning in today’s business environment. However, most companies struggle to build this capability, due to the complexity of accessing, organizing and managing large amounts of data. According to Forbes, even data science teams spend up to 80% of their time simply preparing data before it’s ready for high-value business analysis.
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