Redbird, an analytics operating system, announced it has raised $7.6 million in an oversubscribed seed round led by investment firm B Capital. The funding included participation from Y Combinator, Thomson Reuters Ventures, Alumni Ventures and Soma Capital, along with several other funds and angel investors.
Redbird empowers anyone within an organization to automate and unify their analytics work in minutes without writing code. The platform connects an organization’s data sources into a no-code environment where users can do complex data prep, wrangling, analysis, reporting and data science.
The capital will strengthen Redbird’s offering as it continues to add advanced no-code capabilities, which will enable a broader swath of nontechnical users to self-serve with advanced analytics.
Founded by Erin Tavgac and Deren Tavgac, COO, data analytics experts with deep enterprise experience, Redbird partners with large enterprise customers across diverse verticals. The company, formerly known as Cube Analytics, has experienced rapid growth, with revenue growing nine times over the past year.
“We believe that Redbird will become a mission-critical platform for enterprises to manage complex data workflows,” said Karen Page, General Partner at B Capital. “This investment underscores our strategy of working with innovative companies that enable rapid technological transformation across traditional industries. We’re excited to partner with Redbird as it grows its platform.”
Learn more at www.redbird.io.
Photo: Redbird founders: Deren and Eren Tavgac