The issue of data downtime has been around for decades, but Monte Carlo is innovating in data reliability, bringing data teams a powerful solution to truly solve this hundred billion-dollar problem,” said Matt Jacobson, General Partner at ICONIQ Growth. “In partnering with both Snowflake, the category creator in cloud data warehousing, and Datadog, the leader in application observability, we have witnessed firsthand how the power of innovative approaches to longstanding problems can transform industries and improve business outcomes. “We believe the potential impact of this technology is enormous and Monte Carlo is blazing the path forward for the Data Observability category.”
#MATT JACOBSON ICONIQ SERIES#
Our Series C establishes us as the first Data Observability company to reach this milestone, a testament to our team’s industry-defining thought leadership, new product releases, and rapid customer growth.” Monte Carlo uses machine learning to infer and learn what your data looks like, proactively identify data downtime, assess its impact, and notify those who need to know.īarr Moses said, “With this round, we will fuel the growth of the Data Observability category, further develop our product offerings to better serve our customers, support more use cases, and expand to new markets. “Monte Carlo’s Data Observability platform helps your team increase in trust in data by eliminating data downtime.”
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