Application Infrastructure

Mozart Data Raises $15 Million to Make Data Infrastructure and Tools Accessible to Start-Ups

Mozart Data Raises $15 Million
Mozart Data, the all-in-one modern data platform,  announced it raised $15 million in Series A funding led by Craft Ventures with participation from Goldcrest Capital, Spearhead, Apollo Projects, and Valor Equity Partners. Mozart Data provides a Snowflake data warehouse, ETL, transformation, and other no-code tools to consolidate, organize, and clean company data before the analysis stage. Mozart's all-in-one data platform decreases company time and resources spent on building and maintaining data infrastructure. The new funding brings the company's total funds raised to $21M.

"We're empowering customers of all technical levels to build best-in-class data stacks in under an hour, Companies can give teams the power to get the data they need without being blocked by engineering, and instead use their time to focus on the analysis that produces unique insights about their business."

-Peter Fishman, CEO and Co-Founder of Mozart Data.

Since raising its seed round in 2020, Mozart Data has had more than a 500% increase in annual recurring revenue. The new round of funding will help Mozart Data hone in on its current product, while introducing additional offerings such as the ability to support customers with existing Snowflake databases. Now, companies with a Snowflake account will be able to plug their database into Mozart Data's platform, gaining access to a collection of powerful data tools.

Mozart Data helps companies work with data more efficiently, spend less time managing their data pipelines, and empower less technical users with easy-to-use features including:
  • ETL: Over 300 data connectors available for users to easily extract data from databases, CRMs, ad platforms, payment providers, and other systems without any coding. Push cleaned data into a business intelligence tool or spreadsheet for visualization and reporting.
  • Data Warehouse: Overcome siloed data by consolidating data from multiple sources in a Snowflake warehouse.
  • Data Transformation: Automate cleaning and preparing data for analysis, create a single source of truth, and ensure everyone works with the most recent and cleanest data. Automatically capture a record of your data at regular intervals for auditing and history tracking.
  • Data Cataloging and Observability: Data lineage, version history, and run history provide a look into what's happening in the pipeline so users can quickly identify and debug problems.
  • Data Reliability: Increase reliability and trust with proactive alerts when an error is detected.

"Mozart Data lowers the barrier to building a modern data stack, By bundling and connecting best-in-class data infrastructure, Mozart empowers teams of any stage to orchestrate their businesses more intelligently."

-Brian Murray, Partner and COO, Craft Ventures

Read more about Mozart Data's modern data platform here.

About Mozart Data
Mozart Data is the all-in-one modern data platform that gives anyone the tools to consolidate, organize, and prepare data for analysis. Mozart Data is on a mission to empower anyone to get the most out of their data without engineering or technical knowledge. Businesses of all sizes, from start-ups to Fortune 100 companies, use Mozart Data to power their data infrastructure and free up their teams to focus on the data engineering and analysis that's unique to them. Learn more at https://www.mozartdata.com/.

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dxFeed Launches Market Data IaaS Project for Tradu, Assumes Infrastructure and Data Provision Responsibilities

PR Newswire | January 25, 2024

dxFeed, a global leader in data solutions and index management for the financial industry, announces the launch of an Infrastructure as a Service (IaaS) project for Tradu, an advanced multi-asset trading platform catering to active traders and investors. In this venture, dxFeed manages the crucial aspects of infrastructure and data provision for Tradu. As an award-winning IaaS provider (the Best Infrastructure Provider by the Sell-Side Technology Awards 2023), dxFeed is poised to address all technical challenges related to market data delivery to hundreds of thousands of end users, allowing Tradu to focus on its core business objectives. Users worldwide can seamlessly connect to Tradu's platform, receiving authorization tokens for access to high-quality market data from the EU, US, Hong Kong, and Australian Exchanges. This approach eliminates the complexities and bottlenecks associated with building, maintaining, and scaling the infrastructure required for such extensive global data access. dxFeed's scalable low latency infrastructure ensures the delivery of consolidated and top-notch market data from diverse sources to the clients located in Asia, Americas and Europe. With the ability to rapidly reconfigure and accommodate the growing performance demands, dxFeed is equipped to serve hundreds of thousands of concurrent clients, with the potential to scale the solution even further in order to meet the constantly growing demand, at the same time providing a seamless and reliable experience. One of the highlights of this collaboration is the introduction of brand-new data feed services exclusively for Tradu's Stocks platform. This proprietary solution enhances Tradu's offerings and demonstrates dxFeed's commitment to delivering tailored and innovative solutions. Tradu also benefits from dxFeed's Stocks Radar—a comprehensive technical and fundamental market analysis solution. This Software as a Service (SaaS) seamlessly integrates with infrastructure, offering added value to traders and investors by simplifying complex analytical tasks. Moreover, Tradu leverages the advantages of dxFeed's composite feed (the winner at The Technical Analyst Awards). This accolade reinforces dxFeed's commitment to delivering excellence in data provision, further solidifying Tradu's position as a global leader in online foreign exchange. "When we were thinking of our new sophisticated multi-asset trading platform for the active trader and investors we met with the necessity of expanding instrument and user numbers. We realized we needed a highly competent, professional team to deploy the infrastructure, taking into account the peculiarities of our processes and services," said Brendan Callan, CEO of Tradu. "On the one hand, it allows our clients to receive quality consolidating data from multiple sources. On the other hand, as a leading global provider of online foreign exchange, we can dispose of dxFeed's geo-scalable infrastructure and perform rapid reconfiguration to meet growing performance demands to provide data to hundreds of thousands of our clients around the globe." "The range of businesses finding the Market Data IaaS (Infrastructure as a Service) model appealing continues to expand. This approach is gaining traction among various enterprises, from agile startups seeking rapid development to established, prominent brands acknowledging the strategic benefits of delegating market data infrastructure to specialized firms," said Oleg Solodukhin, CEO of dxFeed. By taking on the responsibilities of infrastructure and data provision, dxFeed empowers Tradu to focus on innovation and client satisfaction, setting the stage for a transformative journey in the dynamic world of financial trading. About dxFeed dxFeed is a leading market data and services provider and calculation agent for the capital markets industry. According to the WatersTechnology 2022 IMD & IRD awards honors, it's the "Most Innovative Market Data Project." dxFeed focuses primarily on delivering financial information and services to buy- and sell-side institutions in global markets, both traditional and crypto. That includes brokerages, prop traders, exchanges, individuals (traders, quants, and portfolio managers), and academia (educational institutions and researchers). Follow us on Twitter, Facebook, and LinkedIn. Contact dxFeed: pr@dxfeed.com About Tradu Tradu is headquartered in London with offices around the world. The global Tradu team speaks more than two dozen languages and prides itself on its responsive and helpful client support. Stratos also operates FXCM, an FX and CFD platform founded in 1999. Stratos will continue to offer FXCM services alongside Tradu's multi-asset platform.

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