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Select Star Closes $15M Round To Add Context To Disparate Data

Jan 31, 2023almost 3 years ago

Amount Raised

$15 Million

San FranciscoSoftwareAnalytics

Investors

PebblebedSozo VenturesBowery CapitalLightspeed Venture Partners

Description

Select Star, a startup providing data discovery, lineage and governance tools to mostly enterprise organizations, today announced that it raised $15 million in a Series A round led by Lightspeed Venture Partners with participation from Bowery Capital, Sozo Ventures and Pebblebed. The fresh cash brings the company’s total raised to $20 million, and CEO Shinji Kim tells me that it’ll be put toward product engineering, go-to-market and customer success efforts.

Company Information

Company

Select Star

Location

San Francisco, California, United States

About

Select Star is a modern data governance platform that helps organizations manage and understand their data at scale - enabling AI, analytics, and self-service across the business. It automatically catalogs datasets, traces end-to-end lineage, and builds a shared business glossary and semantic layer, so teams can confidently work with trusted data. With a user-friendly data portal and built-in automation, Select Star supports use cases including data democratization, data governance, semantic layers, and cloud data migrations—serving as a foundational layer for enterprise AI and data initiatives.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech