Cube Dev Raises $15.5 Million

0
169
  • Cube Dev also announced the appointment of two executives to support the company’s commercial expansion
  • Decibel led the Series A round with Bain Capital Ventures, Betaworks and Eniac Ventures participating, bringing Cube Dev’s total funding to $23.6 million

Cube Dev, the open-source company behind the popular Cube.js data tool, announced $15.5 million in funding to scale go-to-market activities and accelerate the development of its first commercial product that helps customers build applications powered by cloud data warehouses with greater speed and flexibility. Decibel led the Series A round with Bain Capital Ventures, Betaworks and Eniac Ventures participating, bringing Cube Dev’s total funding to $23.6 million.

Jon Sakoda, founder and managing partner of Decibel, who will join Cube Dev’s board of directors said, “Big data is only a powerful weapon when it can be placed in the hands of users. Every application needs access to data from cloud data warehouses, but very few developers have the time to learn the technical skills required for complex data engineering. Cube Dev’s headless analytics API makes it possible for application developers to accelerate the development and deployment of applications leveraging cloud data platforms. We’re thrilled to work with such a talented team as they expand their product portfolio and rapidly growing open source community.”

Headless abstraction layer between cloud data warehouses and data applications

When companies build data applications such as metrics dashboards or customer-facing analytics features, their developers must solve technical issues including SQL generation, query orchestration and acceleration, security, consistent metrics definitions and API design. Cube Dev offers a headless abstraction layer between cloud data warehouses and data applications. This reduces application development time from weeks to hours.

Artyom Keydunov, Co-Founder & CEO of Cube Dev added, “Investors see cloud data warehouses as the future of Big Data, and are rapidly investing in tools that help businesses build innovative data applications on these new platforms. We’re proud to be on the leading edge of technologies that help companies achieve those goals, and to be working with the team at Decibel to leverage their experience and expertise in this space.”

Cube Dev also announced the appointment of two executives to support the company’s commercial expansion. Jonathan E. Cowperthwait joins as Head of Marketing, having previously served as Vice President of Marketing at npm and Jordan Philips joins as Head of Revenue Operations, having most recently served as Head of Revenue Operations and Go-To-Market Strategy at Dashbase (now Cisco AppDynamics).

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here