Foundational nets $8 million in Seed funding to bring AI agents into data engineering
Foundational nets $8 million in Seed funding to bring AI agents into data engineering
The Israeli startup, which raised funding from Viola and Google's AI-focused fund Gradient, helps data and analytics teams to push continuous code changes, safeguarding against frequent issues and harmful incidents that affect critical data
Israeli startup Foundational, which has developed a solution using advanced analysis to identify and prevent data issues in data platforms, announced on Monday that it raised $8 million in Seed funding.
The round was led by Viola Ventures and Gradient, Google's AI-focused venture fund, with participation from Asymmetric Venture Partners and executives from Datadog, Intuit, Meta, Wiz, and others.
Foundational, powered by a proprietary AI-powered code analysis engine that can be instantly deployed through git, helps data and analytics teams to push continuous code changes, safeguarding against frequent issues and harmful incidents that affect critical data.
Founders Alon Nafta, Omri Ildis, and Barak Fargoun met at Intelligence Unit 8200 and have amassed significant experience through executive roles at Singular and senior engineering positions at Google.
"It has become a remarkably difficult task for developers to confirm crucial questions like, ‘What dashboards will this schema change affect?,’ ‘Can I deploy this code change safely?’ or ‘What data pipelines do we have that are not working?’" said Alon Nafta, Foundational’s CEO and co-founder. "The inability to validate simple code changes, and the lack of visibility and controls, and the time-consuming nature of data engineering create a dramatic bottleneck on innovation and adoption of data and AI."
