What is Prefect Technologies?
Prefect Technologies, founded in 2018 and headquartered in Washington D.C., is a leader in dataflow automation. The company offers a sophisticated platform designed to reduce engineering time and eliminate complexities for data engineers and data scientists. By automating pipelines and workflows of any intricacy, Prefect ensures privacy and security as it operates without direct access to customer code, while still providing crucial visibility into operational status and potential issues.
How much funding has Prefect Technologies raised?
Prefect Technologies has raised a total of $43.5M across 2 funding rounds:
Series A
$11.5M
Series B
$32M
Series A (2021): $11.5M with participation from Sam Teller, Patrick O'Shaughnessy, Nat Friedman, and Gavin Baker
Series B (2021): $32M led by Bessemer Venture Partners and Tiger Global
Key Investors in Prefect Technologies
Bessemer Venture Partners
Bessemer Venture Partners is a prominent venture capital firm with a long history, established in 1911, known for its investments across various technology sectors.
Tiger Global
Tiger Global is an investment firm that focuses on growth-stage technology companies, known for its significant capital deployments in the software and internet industries.
Nat Friedman
Nat Friedman is a notable figure in the tech investment community, often associated with early-stage technology ventures and open-source initiatives.
What's next for Prefect Technologies?
The substantial enterprise-level funding Prefect Technologies has garnered indicates a strategic phase of scaling and market expansion. This capital injection is likely to fuel further product development, enhance its go-to-market strategy, and solidify its competitive edge in the rapidly evolving data orchestration landscape. The company is poised to further innovate its dataflow automation platform, addressing the growing demand for efficient and secure data pipeline management.
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