Secoda secures $14M funding to enhance enterprise data search capabilities, reminiscent of Google search

Introducing Secoda: Unlocking the Power of Data with AI

Are you tired of playing a frustrating game of broken telephone when it comes to accessing and understanding your company’s data? Well, look no further because Secoda is here to solve the data problem and revolutionize the way you search, catalog, and use company data.

Secoda, an AI-powered platform based in Toronto, has recently announced a groundbreaking $14 million Series A round of funding. With this infusion of capital, they are set to take their AI solutions to the next level and make data discovery as easy as searching on Google.

The enterprise IT stack can often feel like a web of disconnected systems, leaving data siloed and communication between applications virtually non-existent. But Secoda aims to change that. By seamlessly integrating with various business intelligence and transformation tools, as well as data warehouses, Secoda creates a unified data catalog that serves as a single source of truth for your company. No more searching high and low across complicated applications or interrupting the data team to get the answers you need.

But what sets Secoda apart is its AI-powered assistant, fueled by ChatGPT. This assistant allows users to write documentation and search their newly unified data catalog using natural language queries. It’s like having your own personal data copilot, providing you with answers instead of just information. And the results speak for themselves. Secoda’s customers have seen a 40% reduction in inbound data requests, a 50% decrease in onboarding times, and a 90% reduction in time spent on documentation. That’s a massive time-saving for data teams!

With its latest round of funding, Secoda plans to invest in its engineering team and ramp up its R&D efforts to further enhance its AI capabilities. They also have exciting plans to introduce Secoda Monitoring, a tool that will help data teams ensure the quality and accuracy of the data they consume. With one click, users will be able to understand how changes affect their assets and reduce data quality errors. Monitoring will also enable companies to track the operational efficiency of their data teams, helping them save costs.

Secoda’s customer base has already grown fivefold in the past year, with over 100 million metadata resources under management. And they show no signs of slowing down. The platform currently supports 36 popular data warehouses, business intelligence tools, and productivity platforms, including Snowflake, dbt, and Looker. But they won’t stop there. Secoda plans to continue adding more connectors based on popularity and user demand.

So, if you’re looking to unlock the power of your company’s data and streamline your data management processes, look no further than Secoda. With their AI-powered assistant and comprehensive platform, you’ll have access to a wealth of insights and answers right at your fingertips. Don’t miss out on this opportunity to revolutionize the way you interact with your data. Take a leap into the future with Secoda and start making data-driven decisions with ease.

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