Diskover, a pioneer in enabling enterprises to structure their unstructured data at exabyte scale, today announced a trio of critical milestones: the closing of a $7.5 million seed funding round; the launch of partnerships with both Snowflake and NetApp, each of which is also among Diskover’s new investors; and the acquisition of data intelligence and orchestration platform company CloudSoda.
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The announcements mark a significant step forward for Diskover, which boasts 130-plus enterprise customers across a wide range of industries. It offers tailored solutions for media and entertainment, life sciences, semiconductor design, energy, and manufacturing. Diskover also has a previously announced commercial relationship with Dell.
Diskover’s technology plays a critical role in curating and powering AI pipelines by identifying the most relevant, high-quality data from globally distributed, enterprise-scale repositories, both on-prem and in the cloud. The technology verifies against the existing enterprise authentication system to honor existing permissions and security to ensure maximum compliance with corporate governance. The combination of scale, data relevance, and security allows for the most efficient large language models for customers.
“This is a huge moment for us, as well as our customers, as we leverage the funding and partnerships to further integrate with our customers’ most strategic data platforms,” said Will Hall, CEO of Diskover. “The funding, the CloudSoda acquisition, and our work with Snowflake and NetApp all point in the same direction: empowering organizations to streamline their data pipelines, automate the ingestion of their most relevant data sets, and streamline costs across storage, compute, and GPUs. With unstructured data comprising more than 80% of all enterprise data, and AI’s insatiable need for high-quality inputs growing daily, Diskover is the starting point for enterprise AI.”
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Harsha Kapre, Director, Snowflake Ventures, said, “We’re seeing more customers adopt an AI-first data strategy, which depends on having access to all your data. Enterprises can’t unlock the full value of AI without knowing what unstructured data they have and how to use it. Our partnership with Diskover, in combination with Snowflake Openflow, makes that possible, acting as a super-connector to exabyte-scale unstructured data. We decided to invest in and partner with Diskover because we see a shared commitment to helping customers bring clarity and real operational value from inception to insight of their unstructured data.”
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