Sifflet Receives €12 Million Investment

Paris-based platform Sifflet offers useful insights for data engineers and data consumers. The Paris-based platform has raised 12 million euros in a Series A funding round. Sifflet will use the new capital to rapidly expand in the EMEA and US regions. The startup was founded in early 2021. In November and May of the same year, it received unspecified amounts of investment through different means, including seed investment and equity funding.

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Sifflet

The Series A round raised €12 million, with participation from existing investors such as EQV Ventures, Bessemer Venture Partners and Mangrove Capital. The aspect of Sifflet that fits into the data picture is that the platform is embedded at high levels of data by observing the masses. In this way, Paris-based Sifflet provides data engineers with a holistic view combined with automated monitoring and efficient root cause analysis, ensuring quality control of data assets. However, there may be aspects of the platform that do not fit into the data picture.

Companies can use Sifflet to collect information across different layers of their data stack, from the data ingestion stages to the transformation and consumption stages. The platform automatically monitors data, metadata and data pipelines, providing evidence of problems such as a sudden drop in quality. The fact that Sifflet has an origin makes it easy for data engineers to perform root cause analysis. As Bakouk explains, artificial intelligence is at the heart of this process.

Paris-based Sifflet has so far received 15 million euros in investment. It plans to step up its efforts to expand into the European, Middle Eastern, Asian and US markets and continue to invest in product and engineering. The company currently has 28 employees and aims to double that number by the end of the year.