Company Overview
Snapshot
Founded in January 2016 by Gal Ziton and Itai Kahalani, Octopai operates with 11–50 employees. The company raised a total of $12.5 million across 6 funding rounds from 8 investors. In November 2024, Octopai was acquired by CLOUDERA.
Business overview
Octopai provides an AI-based data intelligence platform that offers multidimensional data lineage, data discovery, and data catalogs. Its core technology, Data Lineage XD, simplifies the tracking of data flow from source to destination, enabling data teams to trace assets, understand data movement, and ensure data trust. The company serves various industries by providing solutions for business intelligence, IT, and data analytics, operating within the business software sector.
Strategic signal
In November 2024, Octopai was acquired by CLOUDERA. This acquisition signifies a strategic move by CLOUDERA to integrate Octopai's AI-based data lineage capabilities, enhancing its offerings in metadata and AI integration. For investors, this indicates a successful exit for Octopai and validates the market demand for advanced data management and intelligence solutions.
Company Intelligence Q&A
- What was Octopai's most significant corporate event in late 2024?
- In November 2024, Octopai was acquired by CLOUDERA, leading to its status as an inactive entity.
- What is Octopai's primary offering?
- Octopai offers an AI-based data intelligence platform that provides multidimensional data lineage, data discovery, and data catalogs, designed to help data teams trace assets and understand data flow.
- Which investors participated in Octopai's B Round in September 2020?
- In September 2020, Octopai received funding in a B Round from Maverick Ventures IsraeI and North First Ventures.
- What was a key product development for Octopai in May 2021?
- In May 2021, Octopai introduced Data Lineage XD, a solution providing advanced, multidimensional views of data lineage.
- When did Octopai announce support for Amazon Redshift?
- In October 2021, Octopai announced its support for Amazon Redshift, expanding its capabilities for BI and analytics groups.