The startup's platform integrates with tools like GitHub and does not require access to the underlying data, only the metadata expressed in the code, reducing data privacy and security concerns. The platform can identify issues like circular references, inefficient queries, and unused fields. With the new funding, Foundational plans to expand its engineering team and ramp up go-to-market efforts. The company believes its platform will play a key role in helping companies implement AI and machine learning by getting their data in order.
Key takeaways:
- Foundational, a startup that aims to bring order to modern data infrastructure, has raised $8 million in seed funding led by Viola Ventures and Gradient Ventures, Google’s AI-focused investment fund.
- The company's platform automatically maps and analyzes data teams’ code to identify potential issues, suggest fixes, and help prepare data for AI applications.
- Foundational aims to address the data quality crisis by automating data governance through code analysis, reducing data privacy and security concerns.
- With the new funding, Foundational plans to expand its engineering team and ramp up go-to-market efforts, aiming to become a key player in helping companies implement AI and machine learning.