Hex Applied Sciences Raises $16 Million Series A To Help Data Teams

“So, historically code notebooks like Jupyter have been actually in style, however they have major points with reproducibility, interpretability and performance. These are pretty well known.” Hex 2.0 is designed to resolve those issues, he mentioned. The company also announced a partnership with dbt Labs, which is in the data transformation area, helping to take information saved in knowledge warehouses like Snowflake and making ready it to be analyzed in a tool like Hex. The two companies will share several integrations to make it simpler to work in both utility with out having to jump between them. SAN FRANCISCO, CA, Hex Technologies, a collaborative knowledge workspace, has raised $16 million in Series A financing led by Redpoint Ventures.

It removes inefficiencies while enabling individuals with totally different ranges of understanding to work collectively to get essentially the most out of data. Hex is backed by Redpoint Ventures, Amplify Partners, Data Community Fund, Geometry, Vandelay Ventures, XYZ Venture Capital and a quantity of other angel buyers. The new reactive compute mannequin makes knowledge initiatives more reproducible, interpretable and performant, fixing important points that plague notebook-based workflows at present. Early on, we built novel capabilities like interactive information apps, real-time collaboration, and first-class SQL help, making it seamless and simple to go from idea to insight to sharing. And in simply in the previous couple of months, we’ve launched some new, major steps forward. Sarah Wang, common companion at a16z, who shall be joining the Hex board as part of the funding deal, sees the startup as reimagining information collaboration.

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At Hex, we are building for the growing population of Analytically Technical customers, who are data-driven and in a position to write SQL or Python, but should not have to struggle via all of the overhead to do it. Hex is designed to have a “low floor, and excessive ceiling”, meaning that it is accessible for a big group, while not limiting those who need extra energy. Juniper Networks is a information network that designs, develops, and sells products and services, along with community infrastructure. Efficient Frontier, an online efficiency and social media advertising platform, manages social media campaigns for advertisers and companies. 2U is a cloud based mostly platform that helps universities energy digital and in-person instructional offerings and supplies comprehensive operating infrastructure. JustEat operates a global market for online food delivery, offering prospects with a straightforward and safe approach to order and pay for food from Restaurant Partners.

Looker is a business intelligence and massive data analytics platform designed to convey higher insights and data-driven selections to every business. Duo Security helps defend organizations towards information breaches by making safety simple and effective. CloudSimple is a supplier of a next-generation cloud-based platform designed to offer huice saas 312m series fundwangdealstreetasia cloud infrastructure companies. Justworks is an internet platform that handles the payroll and payments process, benefits services, and compliance issues of its customers. R2C is a software security firm on a mission to profoundly enhance software program security and reliability to safeguard human progress.

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