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FlyData Closes $4 Million

Cloud database startup FlyData Closes $4 Million
Credit: flydata.com

Enterprise IT startup FlyData announced it has raised $4 million in Series A financing led by Mirai Creation Fund. Nissay Capital and Amano also participated.

FlyData makes it easy to move data on the fly to the cloud. FlyData Enterprise enables easy management of the ETL (Extract, Transform, Load) process to the cloud, allowing existing data warehouse to move large data sets seamlessly, securely and with integrity.

FlyData is considered the emerging choice for data warehousing, business intelligence, reporting, and analytic deployments needs. It is an industry proven solution gaining traction, and is the recommended choice to use with Amazon Redshift.

In its announcement, the company said the investment will help FlyData aggressively expand its sales and marketing efforts of its products as well as building data solutions for IoT customers and AI data management tools.