Astronomer Raises $213 Million Series C and Acquires Datakin; Scales Operations Amid Booming Growth and Global Demand

Astronomer Raises $213 Million Series C and Acquires Datakin; Scales Operations Amid Booming Growth and Global Demand

Astronomer, developer of a modern data orchestration platform powered by Apache® Airflow™, today announced that it has raised $213 million in a Series C round, led by global growth equity and venture capital firm Insight Partners, with participation by Meritech Capital, Salesforce Ventures, J.P. Morgan, K5 Global, Sutter Hill Ventures, Venrock and Sierra Ventures.

The funding primed Astronomer to acquire Datakin, the data operations tool from the founders of the OpenLineage and Marquez open-source projects. Astronomer will also use the capital to grow its world-class Engineering and Customer Success teams, accelerate the growth of its Apache Airflow-powered data orchestration platform and scale its go-to-market operations.

Marketing Technology News: MarTech Interview with Greg Sheppard, CMO at Templafy

“As companies of all sizes struggle to make sense of their data, data orchestration has become a competitive necessity,” said Joe Otto, CEO of Astronomer. “At the same time, data teams must be able to trust their data to effectively extract its value. By integrating Datakin’s intuitive data lineage features with Astronomer, our customers are able to build faster, run with confidence and reduce their operational risks. We are excited to soon unveil what’s next from our team, fueled by our Series C and the incredible support of our investors.”

“As the modern data stack has arrived at scale, we now need an orchestration experience to support today’s sophisticated, high-velocity data pipelines. Apache Airflow, driven by the Astronomer team, has become the generational platform for modern orchestration,” said George Mathew, Managing Director at Insight Partners. “We are looking forward to partnering with the Astronomer team as they scale up this profound journey.”

Astronomer helps teams unlock the full benefits of data orchestration through Airflow, an open-source platform for data engineering pipelines that has emerged as the de facto standard to express data flows as code. Hundreds of thousands of data teams use Airflow with 8 million monthly downloads, up from 180,000 in 2018. Astronomer engineers represent 16 of the top 25 all-time contributors to Airflow and have been pivotal in driving the direction of Airflow since 2018. Through its acquisition of Datakin, Astronomer will enable data teams to unlock operational lineage as a native component of their orchestration platform.

“Our mission at Datakin is to help organizations build and manage amazing data ecosystems,” said Laurent Paris, CEO of Datakin and SVP of Research & Development at Astronomer. “We share this mission with Astronomer, and joining forces will accelerate us both and provide an unparalleled experience for Airflow users. Combining the orchestration capabilities of Airflow with the observability offered by OpenLineage will allow Astronomer to provide value across the modern data stack, transforming the way organizations work with data.”

Marketing Technology News: MarTech Interview with Greg Sheppard, CMO at Templafy

Picture of PRNewswire

PRNewswire

PR Newswire, a Cision company, is the premier global provider of multimedia platforms and distribution that marketers, corporate communicators, sustainability officers, public affairs and investor relations officers leverage to engage key audiences. Having pioneered the commercial news distribution industry over 60 years ago, PR Newswire today provides end-to- end solutions to produce, optimize and target content -- and then distribute and measure results. Combining the world's largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire powers the stories of organizations around the world. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and Asia-Pacific regions.

You Might Also Like