What is Acryl Data?
Acryl Data is developing a next-generation, multi-cloud metadata management platform designed to bring clarity to complex data environments. Leveraging the robust foundations of open-source projects like LinkedIn's DataHub and Apache Gobblin, Acryl Data's technology has been battle-tested in production at major enterprises. The platform aims to address the critical need for sophisticated metadata management within the modern data stack, providing essential insights and governance capabilities for cloud-based data operations.
How much funding has Acryl Data raised?
Acryl Data has raised a total of $30M across 2 funding rounds:
Angel/Seed
$9M
Series A
$21M
Angel/Seed (2021): $9M with participation from LinkedIn, 8VC, and Insight Partners
Series A (2023): $21M led by 8VC and Sherpalo
Key Investors in Acryl Data
8VC
8VC is a technology investment firm known for backing industry-transforming companies, with a focus on smart enterprise platforms across various sectors.
Insight Partners
Insight Partners is a prominent venture capital firm that supports software companies, with a dedicated platform to assist portfolio companies in their scaling efforts.
Sherpalo
Sherpalo Ventures is an early-stage investment firm that partners with founders to build transformative companies, with a focus on AI and enterprise solutions.
What's next for Acryl Data?
The recent major strategic investment positions Acryl Data for accelerated growth and market expansion. This capital will likely fuel further development of its multi-cloud metadata management platform, enhance its go-to-market strategies, and potentially broaden its enterprise client base. The company's focus on open-source roots combined with enterprise-grade solutions suggests a trajectory aimed at becoming a leader in data governance and observability, enabling organizations to better understand and leverage their data assets.
See full Acryl Data company page
