Meroxa Raises Funds for Data Platform Launch

In the US, real-time enterprise data specialist Meroxa has officially launched its platform with a $15m Series A round of funding, following a previously undisclosed $4.2m seed round.

Founded in 2019 by data engineers DeVaris Brown and Ali Hamidi (pictured), San Francisco-based Meroxa offers a platform through which data teams can build enterprise-level data pipelines 'in minutes, not months'. The firm's machine learning-powered rules engine automates repetitive tasks and ensures data is secure and optimized; while its change data capture service connects sources to its platform from siloed data infrastructures.

New funding has been led by Drive Capital with participation from existing investors Root, Amplify and Hustle Fund. Drive Capital Partner Andy Jenks comments: 'Meroxa is such an exciting company because they are a critical component of the data stack of the future. What Meroxa is building is nothing short of a force multiplier for data engineering and orchestration at every major enterprise on the planet. They will have a massive impact on the most transformative and valuable asset in any business - data'.

Web site: www.meroxa.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.