USA – Numbers Station, a Menlo Park, CA-based provider of an intelligent data stack automation platform, raised $17.5M in funding.
A $12.5M Series A funding round led by Madrona, with participation from Norwest Venture Partners, Factory, and notable angel investors, such as Cloudera Co-founder Jeff Hammerbacher. The funding follows a recent $5M seed round, bringing total capital raised to $17.5M. In conjunction with the latest funding, Madrona Managing Director Tim Porter joined the Numbers Station board. The company intends to use the funds to accelerate growth, expand operations and its business reach.Founded in 2021 and led by CEO Chris Aberger, Numbers Station provides an intelligent data stack automation platform that is built on proprietary foundation model technology to enable data practitioners of all skill levels to rapidly automate workflows in the modern data stack using natural language.From the most basic data tasks, such as formatting, to the most complex, such as entity resolution or extraction, Numbers Station enables all information workers to leverage AI to transform data. With Numbers Station, data workers can connect to their data warehouse, use a conversational interface to prototype intelligent data transformations powered by proprietary foundation model technology, and then deploy their pipelines back into their data warehouse. Customers can apply these new automated pipelines to business use cases spanning any department managing heavy analytics.Numbers Station is available today in private beta. Based on the research developed at the Stanford AI Lab by Chief Scientist and Co-founder Ines Chami, along with founding team Chris Aberger, Sen Wu, and Chris Re, the platform works across any foundation model in conjunction with proprietary foundation models and algorithms developed to manage data-intensive tasks. 20/03/2023
