Home Cd store Meltano Separates from GitLab and Raises $ 4.2 Million in Seed Funding

Meltano Separates from GitLab and Raises $ 4.2 Million in Seed Funding

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SAN FRANCISCO, June 30, 2021 (GLOBE NEWSWIRE) – Present GitLab Inc., a company that offers a full DevOps platform, has announced the spin-out of Meltano, an open-source ELT (Extract, Load, Transform) platform built for the DataOps era. Meltano also closed a $ 4.2 million seed funding led by GV and a number of angel investors, including Ram Shriram, WordPress founder Matt Mullenweg and Max Beauchemin, creator of Apache Airflow and Superset. As an independent company, Meltano has the opportunity to further develop as an open source company and focus on the needs of the data engineering market, starting with improved data integration.

“Since its inception, Meltano has operated separately from GitLab’s DevOps platform. It started as a tool designed for the data and analytics team at GitLab, who wanted an end-to-end data platform built around open source components and DevOps principles, ”said Sid Sijbrandij, co -Founder and CEO of GitLab. “With its new seed funding, Meltano, as an independently managed entity, will bring the benefits of open source data integration and DataOps to more organizations. “

Data teams today face challenges similar to those that led to the DevOps revolution and the rise of platforms like GitLab. There are point solutions for all parts of the data lifecycle, but they are typically rigid, difficult to integrate with each other, and not conducive to collaboration. Data integration solutions (ETL) in particular are difficult to extend and troubleshoot, and their limited connector libraries force organizations to supplement them with custom solutions designed and maintained in-house. In response, engineers and data analysts seek to embrace open source software and DevOps best practices such as version control, code review, and CI / CD, to increase efficiency and confidence in the outcome of their work. downstream work and decisions.

“Over the past few years, we’ve seen a wave of great open source data tools and technologies for data integration, transformation, orchestration and visualization,” said Douwe Maan, CEO of Meltano. “We believe there remains a significant challenge to integrate these disparate tools and manage their configuration and deployment consistently across all environments. Meltano strives to solve this data workflow problem by bringing these solutions together into a single DataOps compatible project repository that adapts to the needs of the organization. With this seed funding, we will be able to support more tools and make them accessible to more organizations.

Today, Meltano offers a compelling open-source Data Integration (ELT) solution that embraces the Singer standard for data transfer and its existing library of over 200 community-managed connectors, as well as dbt for transformation and Airflow for orchestration. Meltano makes it easy to use and deploy these tools together, discovering existing connectors and creating new ones. In the near future, Meltano plans to add support for open source tools such as Superset and Metabase for visualization, and alternative orchestration solutions such as Dagster and Prefect, while continuing to expand its connector library. with the help of the community.

“Meltano is well positioned to become a trusted open source platform used by software developers to integrate data,” said Dave Munichiello, general partner of GV and investor in GitLab, Segment and Meltano. “The Meltano team combines years of SaaS experience and a genuine open source experience, with a passion for building easy-to-use platforms for software developers.

To learn more about Meltano, read his blog post about funding announcement and see her website, which includes a list of partners, access to Meltano’s Slack community, and product documentation.

About GitLab
GitLab is a comprehensive DevOps platform designed from the ground up as a single application for all stages of the DevOps lifecycle, allowing Product, Development, QA, Security and Operations teams to work on the same project simultaneously. GitLab provides a single data store, a single user interface, and a single authorization model throughout the DevOps lifecycle. This allows teams to dramatically reduce cycle times through more efficient collaboration and increased focus.

Built on open source, GitLab works alongside its growing community of thousands of developers and millions of users to continuously deliver new DevOps innovations. GitLab has over 30 million users (paid and free), from startups to global businesses including Ticketmaster, Jaguar Land Rover, Nasdaq, Dish Network, and Comcast trust GitLab to deliver great software faster. Remotely since 2015, GitLab has more than 1,300 team members in around 68 countries.

About Meltano
Meltano is an open source DataOps platform that brings together the best open source tools and technologies for the data lifecycle, including the Singer standard for data integration and its library of over 200 connectors, dbt for transformation, Airflow for orchestration, and soon Superset for viewing. It simplifies configuration, deployment and monitoring, and enables data teams to benefit from DevOps best practices such as version control, code review, and CI / CD.

Built on open source, Meltano works alongside its community of more than 1,000 data professionals in startups, global companies and consulting firms to build the next generation of data infrastructure and support a broad ecosystem of connectors. open source. Thousands of active Meltano projects are in use today by organizations such as Netlify and GitLab.

Media contact
Christina Weaver
GitLab Inc.
[email protected]

Douwe Maan
Meltano, Inc.
[email protected]

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