We hope you had a great start to this week. It's Wednesday and we are here with the 10th edition of the MDS newsletter series.
In this edition, we'll take you through this week's featured category - "Data Observability", featured tools - Graphext & Dagster, some useful resources, funding news from data startups, data events, and more. We have also added a few data engineering job roles for you.
Let's dive in!
Featured category this week - 'Data Observability'
You might have heard this "Data is the new oil". It's true when all the decisions derived are based on reliable data.
But, as data intake increases, the chances of incomplete, erroneous & missing data increases too which leads to data downtime, a nightmare for data teams!
'Data Observability' or 'Data Quality Monitoring' aims to eliminate downtime to make data more reliable for better decisions.
Featured tools this week
Here are this week's featured companies from the Modern Data Stack.
Graphext is a no-code data analytics tool for the modern data stack. More powerful than dashboards and more intuitive than notebooks. It helps you to build data science projects remarkably fast, collaboratively, and without writing code.
Dagster is the data orchestration platform built for productivity. It is a data orchestrator for machine learning, analytics, and ETL · Develop and test on your laptop, deploy anywhere.
Good reads & resources
Keep pace with the latest developments in the modern data stack. Always be learning!
Erik Bernhardsson: A great read on the future of cloud service stack by Erik. In this article, he has discussed how the cloud service stack will be in the next 10 years, predictions about the same & more. Here's the full article: Storm in the stratosphere: how the cloud will be reshuffled
Sourav Sikka: In a modern enterprise, business data is collected from various applications and tools of different functions. The resulting data sets have become so massive and complex that there is a need for a new function to bridge the gap between raw data and data that can be used to drive business decisions — the BI Engineer. In his article, Sourav has explained what is a BI engineer, the need & significance of this role. Here's the full article: What is BI Engineering?
Simon Pickerill: Data teams are often met with cultural and communication challenges in their organization. Data teams and data practitioners keep looking for answers on: “How can they prove the value of their data and the work they do?”. Here's a great read by Simon on Proving the value of your data
John Blust: In this article, John talks about how to use incident management to do more than just repair your pipelines and restore service. Here's the full article: An insider’s guide to data pipeline incident management
Latest funding news
The latest happenings in the VC world for data stack companies.
Segna bags US$125,000 seed round ahead of joining the US accelerator program!
Segna is an automated solution that collects, cleans & organizes data from various sources & improves the way it is presented based on the user's previous actions.
This round of funding for Segna was led by Y Combinator followed by Hillfarrance, IcehouseVenture, and CP Ventures. Here is the announcement.
Rotterdam-based STRM Privacy has raised €3M in its Seed round of funding!
STRM Privacy is a data platform that solves your data privacy challenges in real-time right where the data is collected.
The round was led by Singular and Data Community Fund, along with angel investors including Charles Songhurst and the founders from Mendix, Algolia, and Swapfiets. Here is the news.
Weld.app raised $4.6 million in the seed round, to enable companies everywhere to become truly data-driven!
Weld helps companies organize, simplify and scale their data.
This round of funding for Weld was led by Cherry Ventures & Frontline Ventures. Some amazing angel investors who also took part in this funding are Des Traynor, Co-Founder at Intercom, David Clarke, Venture Partner at Frontline Ventures, Phil Chambers, Co-Founder at Peakon, & Petr Janda, CTO at Pleo.
This seed round will help Weld improve their platform & expand their product offering with features like metrics store & visualization. Here is the link to the announcement!
Upcoming data stack events & webinars
Upcoming conferences, summits, and webinars for you. Start networking!
Women Leaders in Data & AI(WLDA) is organizing the WLDA Summit and Gala on 2nd Dec 2021 at the Accenture Innovation Hub, Hudson Yards.
WLDA aims at bringing influential women in data together to create an impactful future. Click here to register.
DBT Labs is conducting Coalesce 2021 event 'The Analytics Engineering Conference' from December 6-10.
It will be for 5 days, across 4 time zones, dedicated to the advancement and practice of analytics engineering. Register here.
Trending on Twitter
What's trending on Twitter in the Data Stack world!
Just for fun
If you've made it this far, you deserve a meme😄
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