Data observability startup Onum has raised $28 million Series A funding round. This funding enhances its ability to help businesses in maximizing the value of their data while reducing expenses.
Onum, a data observability platform, announced a successful $28 million Series A funding round led by Dawn Capital, with contributions from Kibo Ventures and Insight Partners. The investment will fuel its hiring, product development, and commercial expansion into the U.S. market.
According to the press release, Pedro Castillo, CEO of Onum, stated: “We are now entering a new chapter in our company’s evolution. This capital injection will fire us forward on our rapid growth trajectory, enabling us to cater to growing demand, bolster R&D, and scale our go-to-market capabilities globally. Most importantly, these new funds will accelerate our ability to deliver even more value to more customers, helping them capitalize on their data in new, sophisticated ways that were never previously possible.”
Henry Mason, Partner at Dawn Capital, shared: “We are incredibly excited to support Pedro and the team as they take their market-leading platform global. Onum can help businesses finally realize the enormous value of their data in real-time and bring order to their sprawling data storage and infrastructure. We are confident that Pedro’s stellar track record and experience scaling Devo into a leading data security player makes him the perfect person to build a global solution in this space.”
About Onum:
Launched in 2023 by Pedro Castillo, Lucas Varela, and Pedro Tortosa, Onum is a data observability platform designed to provide companies with comprehensive data control. It offers real-time observation and orchestration, assisting in minimizing data sent to analytics, SIM, and SIEM platforms.
Onum enables businesses to access crucial real-time data, ensuring only valuable information is forwarded to relevant analytics platforms for immediate analysis. Leveraging artificial intelligence, the platform automatically identifies impactful data for both business and security purposes, facilitating rapid improvements and cost savings for users.
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