Metabase Scores $30 Million Series B

<p><strong><span class&equals;"xn-location">SAN FRANCISCO<&sol;span><&sol;strong> &&num;8212&semi; <u>Metabase<&sol;u>&comma; an open source platform for sharing data and analytics across any business enterprise&comma; has completed a <span class&equals;"xn-money">&dollar;30 million<&sol;span> Series B funding round&comma; bringing total invested capital to <span class&equals;"xn-money">&dollar;42&period;5 million<&sol;span>&period; The investment was led by Insight Partners&comma; with participation by Expa and NEA&period;<&sol;p>&NewLine;<p>Metabase allows users to quickly discover and share insights across their enterprise by making data more accessible and actionable through visualization&period; Over 30&comma;000 companies and organizations across 200 different countries use the open source business intelligence platform to explore and manage their data&period; The funding round will help accelerate the democratization of the user-friendly interface both in the cloud and on premise&comma; providing an open source way for organizations of all sizes to ask questions and learn from their data&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We are building a clear path to where Metabase is essential to existing businesses and the default starting point for any new company&comma;&&num;8221&semi; said <b><span class&equals;"xn-person">Sameer Al-Sakran<&sol;span>&comma; Co-Founder and CEO&comma; Metabase<&sol;b>&period; &&num;8220&semi;The world of commercial open source tools is messy and everyone is looking for a solution that fits their needs&period; This latest funding round helps bring value of Metabase to more organizations worldwide and drives continued depth and breadth to the product – while further simplifying the user experience&period; We are on a journey to democratize business intelligence globally&period;&&num;8221&semi;<&sol;p>&NewLine;<p>With the expansion of Metabase Cloud&comma; customers are able to take advantage of a variety of deployment options&period; For small companies that want to implement a simple&comma; easily accessible platform&comma; customers can start with a low-cost version with shared resources&period; As their needs evolve&comma; customers can move to a fully isolated&comma; single-tenant installation that streamlines performance and security&period;<&sol;p>&NewLine;<p>As Metabase has grown&comma; the company has maintained a high bar of usability and intuitive user experience with a wide variety of new features in 20&plus; major releases&period; With broad expansions and updates including Metabase Enterprise and Metabase Cloud&comma; customers in a wide variety of industries and countries are able to explore data across databases in use cases ranging from company-wide business intelligence to engineers checking in on microservices to powering customer-facing analytics&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Today&&num;8217&semi;s businesses are wrestling with increasing volumes of data and an inability to analyze all of it to glean powerful insights&period; Metabase continues to develop insights for users across companies of all sizes while offering the ability to visualize data and make smarter decisions quickly&comma;&&num;8221&semi; said <b><span class&equals;"xn-person">George Mathew<&sol;span>&comma; Managing Director&comma; Insight Partners<&sol;b>&period; &&num;8220&semi;Metabase is delivering a next generation business intelligence product&comma; and we&&num;8217&semi;re thrilled to partner with the team through this next phase of expanding their open source and cloud offerings&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Now more than ever&comma; businesses are leaning on data to help them be more agile and resilient&period; Through the streamlined integration and easy-to-use interface&comma; Metabase is seeing customers leverage the platform to support organizations&&num;8217&semi; evolving analytics needs and reducing the dependency on specialized data teams&period; Customers across industries including logistics&comma; financial services&comma; hospitality&comma; technology and retail have created seamless&comma; interactive analytics-driven insights through Metabase&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Metabase is key for my organization&comma; everyone on my team can self-serve data&comma; get answers to questions&comma; and craft custom dashboards for themselves&comma;&&num;8221&semi; <b>Marie Gassée&comma; VP of Growth&comma; Confluent<&sol;b>&period; &&num;8220&semi;This lets our Data Scientists spend their time on more strategic and important projects&comma; rather than constantly fielding requests for data&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Originally established in 2015&comma; Metabase was developed within <u>Expa<&sol;u>&comma; a global venture studio&comma; accelerator and fund&period; To date&comma; Metabase has been downloaded <span class&equals;"xn-money">78 million<&sol;span> times with thriving user&comma; developer and translator communities&period;<&sol;p>&NewLine;

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