Bluesky Raises $8.8M in Seed Funding

Bluesky, a Menlo Park, CA-based data-driven organizations company, raised $8.8M in seed funding.

The round was led by Greylock with participation from angels Ashish Thusoo (co-founder of Qubole), Jeff Hammerbacher (co-founder of Cloudera) and Johannes Gehrke (Microsoft Redmond research director).

The company intends to use the funds to expand its offerings for Snowflake users and to span other cloud-based data systems.

Co-founded by Mingsheng Hong (CEO) and Zheng Shao (CTO), Bluesky provides data-driven organizations with intelligent workload optimization and cost governance tools that help them innovate while keeping costs under control. The company formally launched with its first product that provides visibility into Snowflake workload usage and costs as well as actionable insights and workload specific recommendations for maximum optimization.

Bluesky provides actionable insights, driven by intelligent automation that understands the data-specific challenge of workload optimization and cost governance. It analyzes query workloads to detect similar groupings, using an innovative technology it calls query patterns. By intelligently watching for similar query patterns, the system can detect complex situations, suggest high-impact tuning options for valuable workloads, increasing efficiency while also looking out for clear savings hiding inside the noise of regular operations, such as long-running queries that fail repeatedly without providing any value.