Redbird, a no-code data analytics platform, raised USD 7.6 million in seed funding led by B Capital with participation from Y Combinator, Thomson Reuters Ventures, Alumni Ventures, and Soma Capital among several others.
The company plans to use the funding to invest in product developments including adding new no-code capabilities and building out its app marketplace.
Formerly known as Cube Analytics, Redbird offers a no-code platform that connects all of an enterprise’s data sources to enable users to build applications to automate their data analytics workflows. The platform integrates with a number of data sources such as Databricks, Snowflake, Oracle, and PostgreSQL to enable transformation and wrangling operations via automated tools. These include statistical summaries, pivots, cross tabs, and organic cluster maps among others. Users can then build custom applications on top of this data for specific use cases such as market research, customer insights, supply chain optimization, people analytics, and personalization.
Analyst Quicktake: Redbird offers a similar solution to NocoDB , which raised USD 10.5 million just a few days ago. The company not only faces competition from growing startups like NocoDB but also from established disruptors like Airtable and Sigma Computing . Accordingly, the company aims to distinguish itself by offering automated tools such as statistical summaries, pivots, cross tabs, and organic cluster maps to enable data transformation and wrangling operations.
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