Prophecy, a data engineering low-code platform, said today that it has raised a $25 million Series A investment led by Insight Partners. This round included existing investors SignalFire and Berkeley Skydeck and new investor Dig Ventures, bringing the company’s total funding to $31 million.
Prophecy’s low-code environment is at the heart of the user experience, allowing data engineers and analysts to effortlessly switch between a visual interface and a code editor to develop processes. This interface makes it simple to create Apache Spark code and then run it using the Airflow service.
The company expects that the flexibility to move back and forth between code and the visual interface, with changes on one side instantaneously reflected on the other, and the option to extend the graphic interface with custom elements as needed, will give it a competitive edge in the market. Prophecy also developed a transpiler to help businesses upgrade their existing ETL operations, as many still use legacy solutions.
“Everybody keeps talking about how data is the new oil. They’ve been talking about it for a decade, but then you go into large enterprises, and the data management is a mess. So I’m like: we can fix this,”Raj Bains, co-founder, Prophecy