Tobiko Data Raises $21.8M Funding

Tobiko Data, a San Mateo, CA-based data infrastructure startup, raised $21.8M in funding.

The amount consisted of $4.5M Seed funding round from Unusual Ventures and a $17.3M Series A led by Theory Ventures with participation from 20Sales, Fivetran CEO George Fraser, Census CEO Boris Jabes, and MotherDuck CEO Jordan Tigani. Tomasz Tunguz, Founder of Theory Ventures, will join the Board as part of the investment.

The company intends to use the funds to continue investing in its open source projects SQLMesh and SQLGlot, in addition to its managed cloud and enterprise version, available today.

Founded by brothers Tyson and Toby Mao, and Iaroslav Zeigerman, Tobiko Data is the creator of open source projects SQLGlot and SQLMesh, which reduce the manual work that comes with wrangling data and increase efficiency in warehouse cost by avoiding needless table rebuilds. Its data transformation platform, built around SQLMesh, automates the construction of data pipelines, enabling professionals to spend more resources on the business and less on infrastructure.

SQLGlot, a key component of SQLMesh, is an open source SQL parser, transpiler, and translator that currently supports 24 different SQL dialects.