Overview

Acryl Data provides a metadata platform called Acryl Cloud that helps businesses manage and understand their data more effectively. The platform combines a data catalog with data observability features, allowing users to organize their data and monitor its quality in real-time. It detects data quality issues and automates the process of identifying anomalies to prevent data problems. When issues arise, Acryl Cloud facilitates quick resolutions. The platform supports both push and pull methods for ingesting metadata, ensuring that the data remains reliable and current. Additionally, it employs automated tests to reveal insights and highlight areas for improvement, while also clarifying asset ownership and providing alerts for easier troubleshooting. Acryl Data's goal is to enhance data management for a variety of clients, from technical teams to businesses monitoring their data health, through a subscription or usage-based pricing model.

Simplify's Take

What believers are saying

• Rising demand for data observability tools aligns with Acryl Data's recent product launch.
• Growing interest in metadata management supports Acryl Data's platform capabilities.
• Shift Left practices in development enhance Acryl Data's early testing integration.

What critics are saying

• Increased competition from AI-driven data management solutions threatens Acryl Data's market share.
• Rapid technological advancements in data observability require continuous innovation from Acryl Data.
• Reliance on open-source projects poses risks if community directions change.

What makes Acryl Data unique

• Acryl Data leverages LinkedIn DataHub and Apache Gobblin for robust metadata management.
• The platform offers real-time data quality monitoring and automated anomaly detection.
• Acryl Cloud supports both push-based and pull-based metadata ingestion for up-to-date information.

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Funding

Total Funding

$20.4M

Above

Industry Average

Funded Over

1 Rounds

$21,000,000

Series A

Jun 2023

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.

Series A Funding Comparison

Above Average

Industry standards

Ind Avg. $15M

$3.7M

$5M

$8.2M

$15M

$21M

$100M