Panoply.io Raises $1.3M Seed Round For Its Data Warehousing Platform
Panopoly, a new data warehousing platform that recently launched its private beta, today announced that it has raised a $1.3 million seed round from the likes of Blumberg Capital, 500 Startups, and FundersGuild.
The service sits on top of Amazon’s Redshift service. Panoply.io founder Yaniv Leven argues that his service enables its users to “get a modeled scalable cloud warehouse cluster over Redshift with no coding in less than 5 minutes and go from raw data to complex queries in less than 15 minutes.”
The company’s co-founders Leven and Roi Avinoam previously ran analytics and data management at social games studio Mytopia and Win. Panoply is the result of their experience in running data management services at these data-driven companies. Given their experience, it’s no surprise that the company plans to focus on small and medium businesses in the mobile apps and services industry.