DataPelago

DataPelago

Real-time big data analytics platform

About DataPelago

Simplify's Rating
Why DataPelago is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Company Size

51-200

Company Stage

Early VC

Total Funding

$55M

Headquarters

Sunnyvale, California

Founded

2021

Overview

DataPelago provides real-time analytics that turn data of any size, speed, or structure into instant insights. It ingests diverse data sources and formats and processes them to deliver actionable analytics without batch waits. The platform combines scalable ingestion, high-performance processing, and fast querying, available via subscription and enterprise solutions. Its goal is to deliver instantaneous, reliable insights to help organizations make faster, better-informed decisions while optimizing performance and cost.

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Simplify's Take

What believers are saying

  • Raised $47M in October 2024 from Eclipse Ventures, Qualcomm Ventures.
  • Delivers 10x faster processing at 2-3x lower costs.
  • Proven pilots with Samsung SDS validate rapid value realization.

What critics are saying

  • Snowflake, Databricks integrate optimizations, eliminating differentiation in 12-18 months.
  • Hyperscalers AWS, Azure build native engines, blocking market access in 18-24 months.
  • $47M funding depletes in 18-24 months without $10M ARR, forcing down-round.

What makes DataPelago unique

  • Universal Data Processing Engine accelerates any engine on GPUs, FPGAs, CPUs.
  • Dynamically generates code for CUDA, ROCm, FPGAs at runtime.
  • Zero application changes or vendor lock-in for lakehouse analytics.

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Funding

Total Funding

$55M

Above

Industry Average

Funded Over

2 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Remote Work Options

Hybrid Work Options

Flexible Work Hours

Paid Vacation

Paid Holidays

Parental Leave

Family Planning Benefits

Fertility Treatment Support

Professional Development Budget

Conference Attendance Budget

Wellness Program

Mental Health Support

Gym Membership

Phone/Internet Stipend

Home Office Stipend

401(k) Retirement Plan

401(k) Company Match

Stock Options

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

1%

2 year growth

3%
RTInsights
Oct 6th, 2024
Real-time Analytics News for the Week Ending October 5

DataPelago unveiled a Universal Data Processing Engine to accelerate any engine, including open source, on any hardware, using any data type.

Blocks and Files
Oct 3rd, 2024
DataPelago unveils software accelerator for GenAI and lakehouse analytics

DataPelago has raised more than $75 million in VC funding through a 2021 seed round for $8 million, a 2022 $20 million A-round, and a $47 million venture round just this month.

SiliconANGLE Media
Oct 1st, 2024
DataPelago raises $47M to optimize hardware for analytical workloads

DataPelago raises $47M to optimize hardware for analytical workloads - SiliconANGLE

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