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Coalesce Emerges From Stealth With $5.92M

2022-01-20
SAN FRANCISCO, CA, Coalesce, the data transformation company, today announced its emergence from stealth with $5.92 million seed financing.
Coalesce, the data transformation company, today announced its emergence from stealth and the launch of the Coalesce Data Transformation platform. Founded by a team of data automation pioneers, Coalesce simplifies the modeling, cleansing, governance, and documentation of data by bringing never-before-seen efficiency and flexibility to the analytics landscape. The Coalesce platform dramatically increases data engineer productivity and insights to tackle today's data-intensive architectures - enabling data transformations at enterprise scale.

In addition, Coalesce raised $5.92 million in seed funding led by 11.2 Capital and GreatPoint Ventures to revolutionize the data transformation space. The capital will be used to advance the Coalesce platform while growing sales, marketing, engineering functions, and go-to-market strategy.

Founded in 2020, Coalesce is the only data transformation tool built for scale. As the first platform to combine the speed of an intuitive graphical user interface (GUI), the flexibility of code, and the efficiency of automation for data transformations, Coalesce customers benefit from increased data engineer productivity and insights.
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