Databand.ai’s data observability platform is said to remove bad data surprises such as data incompleteness, breaking data changes, and anomalies by identifying and resolving issues
Israel-based Databand.ai acquired by IBM. (Credit: Orrling/Wikimedia Commons)
IBM has acquired Israeli data observability software provider Databand.ai for an undisclosed price in a move to bolster its software portfolio across data, artificial intelligence (AI), and automation.
Based in Tel Aviv, Databand.ai is said to help organisations in solving issues with their data, which include errors, poor quality, and pipeline failures, before it affects their bottom-line.
The product-driven technology company is said to have built a proactive data observability platform to help data engineering teams in delivering data that is reliable and trustworthy.
The platform eliminates bad data surprises like data incompleteness, breaking data changes, and anomalies by identifying and resolving issues.
Databand.ai is backed by Accel, Lerer Hippeau, Blumberg Capital, Ubiquity Ventures, Differential Ventures, Hyperwise, F2, and Bessemer Venture Partners.
Databand.ai co-founder and CEO Josh Benamram said: “You can’t protect what you can’t see, and when the data platform is ineffective, everyone is impacted –including customers.
“That’s why global brands such as FanDuel, Agoda and Trax Retail already rely on Databand.ai to remove bad data surprises by detecting and resolving them before they create costly business impacts. Joining IBM will help us scale our software and significantly accelerate our ability to meet the evolving needs of enterprise clients.”
Databand.ai’s employees will be absorbed into IBM Data and AI. They will further build on IBM’s portfolio of Data and AI products, including the capabilities of IBM Watson and IBM Cloud Pak for Data.
IBM said that it is well-placed for addressing the complete spectrum of observability across IT operations by using Databand.ai with IBM Observability by Instana APM and IBM Watson Studio.
IBM Data and AI general manager Daniel Hernandez said: “Our clients are data-driven enterprises who rely on high-quality, trustworthy data to power their mission-critical processes. When they don’t have access to the data they need in any given moment, their business can grind to a halt.
“With the addition of Databand.ai, IBM offers the most comprehensive set of observability capabilities for IT across applications, data and machine learning, and is continuing to provide our clients and partners with the technology they need to deliver trustworthy data and AI at scale.”