Anomalo Named One of Most Innovative Artificial Intelligence Startups in the World by CB Insights
May 19 2022 - 11:00AM
Anomalo, the complete data quality platform company, today
announced that it was named to CB Insights’ Annual AI 100 ranking
that showcases the 100 most promising private artificial
intelligence companies in the
world: https://www.cbinsights.com/research/report/artificial-intelligence-top-startups-2022.
"This is the sixth year that CB Insights has recognized the most
promising private artificial intelligence companies with the AI
100. This year's cohort spans 13 industries, working on everything
from recycling plastic waste to improving hearing aids," said Brian
Lee, SVP of CB Insights’ Intelligence Unit. "Last year's AI 100
companies had a remarkable run, raising more than $6 billion,
including 20 mega-rounds worth more than $100 million each. We’re
excited to watch the companies on this year’s list continue to grow
and create products and services that meaningfully impact the world
around them.”
Utilizing the CB Insights platform, the research team picked 100
private market vendors from a pool of over 7,000 companies,
including applicants and nominees. They were chosen based on
factors including R&D activity, proprietary Mosaic scores,
market potential, business relationships, investor profile, news
sentiment analysis, competitive landscape, team strength and tech
novelty. The research team also reviewed thousands of analyst
briefings submitted by applicants.
“We’re thrilled to be recognized as one of the most innovative
AI Startups by CB Insights as it highlights the necessity for AI
within data quality monitoring,” said Elliot Shmukler, co-founder
and CEO of Anomalo. “If you look at traditional data quality
solutions, they require the data team to define rules for each data
source. This is a tremendous amount of work initially and on an
ongoing basis to keep current as their data changes. It has always
been our goal at Anomalo to ask ourselves how we can use AI and
machine learning to automate the data quality process out of the
box for data teams. Being recognized on the CB Insights 100 list is
a testament to that goal and the progress we have made to build a
machine learning powered platform for identifying, alerting and
root-causing anomalous and unexpected changes in our customers’
data.”
Anomalo addresses the data quality problem by monitoring
enterprise data and automatically detecting and root-causing data
issues, allowing teams to resolve any hiccups with their data
before making decisions, running operations or powering models.
Anomalo leverages machine learning to uncover a wide range of data
failures with minimal human input. If desired, enterprises can
fine-tune Anomalo’s monitoring through the no-code configuration of
metrics and validation rules. This is in contrast to legacy
approaches to monitoring data quality that require extensive work
writing data validation rules or setting limits and thresholds.
About AnomaloAnomalo helps enterprises build
confidence in the data they use to make decisions and build
products. Enterprises can simply connect Anomalo’s complete data
quality platform to their data warehouse and begin monitoring their
data in less than 5 minutes, all with minimal configuration and
without a single line of code. Then, they can automatically detect
and understand the root-cause of data issues, before anyone else.
Anomalo is backed by Norwest Venture Partners, Foundation Capital,
Two Sigma Ventures, Village Global and First Round Capital. For
more information, visit https://www.anomalo.com or follow
@anomalo_hq.
About CB InsightsCB Insights builds software
that enables the world's best companies to discover, understand,
and make technology decisions with confidence. By marrying data,
expert insights, and work management tools, clients manage their
end-to-end technology decision-making process on CB Insights. To
learn more, please visit https://www.cbinsights.com.
Media and Analyst Contact:Amber
Rowlandamber@therowlandagency.com+1-650-814-4560