# DataPelago

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/datapelago

- Industry: Software
- Headquarters: Mountain View, US
- Website: www.datapelago.io
- Total disclosed funding: $47M
- Latest round: Series A (Oct 1, 2024)
- Investors on record: 6

## About

DataPelago, Inc., based in the US, provides advanced data processing solutions that cater to structured, semi-structured, and unstructured data across diverse applications, including GenAI and Lakehouse Analytics.Founded in 2022 and headquartered in Mountain View, US, DataPelago, Inc. specializes in data processing technologies. In October 2024, the company secured USD 47 mn in Series A funding led by Alter Venture Partners, Nautilus Venture Partners, and Silicon Valley Bank, with participation from Eclipse Ventures, Qualcomm Ventures, and Taiwania Capital. The founder's history isn't documented in the provided information.DataPelago specializes in advanced data processing solutions designed to handle structured, semi-structured, and unstructured data across various use cases. The core offering includes a platform that accelerates data processing through a unified interface, enabling users to efficiently train foundational models, fine-tune existing ones, and analyze large datasets for actionable insights. By leveraging technologies like GPUs, FPGAs, and CPUs, DataPelago enhances the speed and performance of data operations, making it particularly suited for GenAI applications and Lakehouse Analytics. The company targets a diverse clientele, including enterprises engaged in data analysis, artificial intelligence development, and analytics, across North America, Europe, and Asia. Their technology facilitates seamless integration with commonly used programming languages and analytical tools, ensuring accessibility for a wide range of users in different industries.DataPelago generates revenue through a subscription-based model, allowing clients to access their data processing platform for various applications, including training and fine-tuning models for GenAI. The pricing structure typically includes tiered subscription plans that cater to different organizational needs, enabling businesses to scale their usage as required. Their clients include large enterprises and data-driven organizations, benefiting from improved processing capabilities without incurring vendor lock-in. These transactions often involve direct contracts with business clients seeking enhanced data analytics and accelerated computing solutions, delivering substantial value by reducing processing costs and time, facilitating a swift return on investment for its customers.In October 2024, DataPelago, Inc. raised USD 47 mn in Series A funding to further develop its software technology. This funding will support the launch of new products aimed at enhancing their data processing capabilities. The company is also focused on expanding into new geographic markets, particularly in Europe and Asia, by the end of 2025, to reach a broader clientele and adapt to diverse data challenges.

## Funding rounds

- Series A, Oct 1, 2024, $47M — Qualcomm Ventures, Silicon Valley Bank, Nautilus Venture Partners, Eclipse Ventures, Taiwania Capital, Alter Venture Partners

## Investors

- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series A
- Silicon Valley Bank — Series A
- Nautilus Venture Partners (https://capitalatlas.ai/funds/nautilus-venture-partners) — Series A
- Eclipse Ventures (https://capitalatlas.ai/funds/eclipse-ventures) — Series A
- Taiwania Capital (https://capitalatlas.ai/funds/taiwania-capital) — Series A
- Alter Venture Partners (https://capitalatlas.ai/funds/alter-venture-partners) — Series A