# Ponder Data

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ponder-data

- Industry: Software
- Headquarters: San Mateo, US
- Website: www.ponder.io
- Total disclosed funding: $7M
- Latest round: Seed (Mar 9, 2022)
- Investors on record: 4

## About

Based in California, US, and founded in 2021, Ponder Data Inc. is a company that creates enterprise-ready tools for rapid, flexible data experimentation at scale. In March 2022, Ponder Data Inc. raised USD 7 million in seed funding led by Lightspeed Venture Partners, with participation from other new investors 8VC, Intel Capital, and The House Fund. Doris Lee (CEO) and Devin Petersohn (CTO) are the co-founders of the company.

The company offers enterprise-ready pandas, which allows users to continue using pandas on large datasets without changing a single line of code. Modin and Lux are the two open-source technologies from the company, that address the usability issues with pandas at scale. 

The Modin and Lux have open-source adoption, with over 2.6 million downloads, 10,000+ GitHub stars, and 100+ contributors, and its users include Fortune-100 companies from Intel, VMware, and Microsoft to pharmaceutical companies like Bristol-Myers Squibb and GSK and automotive companies like Ford and Tesla.

The organization plans to use the March 2022 funding to develop scalable, enterprise-ready, and easy-to-use machine learning and analytics tools.

## Funding rounds

- Seed, Mar 9, 2022, $7M — Lightspeed Venture Partners, Intel Capital, 8VC, The House Fund

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Seed
- 8VC (https://capitalatlas.ai/funds/8vc) — Seed
- The House Fund (https://capitalatlas.ai/funds/the-house-fund) — Seed