Startup: Hevo Data
Startup Description: Hevo Data is a cloud-based data integration platform that helps in reducing the amount of time needed to prepare data to a few minutes. The startup leverages machine learning to understand the source model for various data sources such as databases, cloud applications, and sensor data. Its cloud-neutral products run on Amazon Web Services, Google Cloud as well as Microsoft Azure.
Amount Raised/Investor(s): Hevo Data has raised $1 Mn in a Seed round funding led by IDG Ventures India.
Deployment Of Funds: Hevo Data will use the raised funds to hire more engineers and expand in the United States.
Previous Funding: NA
Competitor(s): Freshdesk and ZapStitch are two such startups (among others) that are operating in the cloud-based data integration space.