Even deeper in the technical weeds, data transformation framework dbt Labs raised a $222 million Series D, bringing total funding to $414 million. Dbt lets users create programs that it translates into SQL code for database management. Their vision is to create a “semantic layer” that translates between applications and an underlying cloud database. How exciting is that?
Companies looking to build their own CDP-equivalent often start with Snowflake as their base, but soon find there’s a lot of development required to deliver a complete solution. Snowflake just made things a little easier by buying Streamlit, an open-source framework that helps developers and data scientists to build data apps. Price was reported as $800 million.
noyb (a.k.a The Center for Digital Rights – and short for “none of your business”), the NGO led by Max Schrems, sent 270 complaints to websites that used cookie banners deemed non-compliant with GDPR. This is after the group alerted sites and gave a 60-day grace period to change banners before making public complaints. This is the same group that in 2021 got regulators in Austria & France to declare Google Analytics’ data transfers illegal.
Reports emerged at the weekend that Salesforce was in advanced talks to acquire data management and integration platform Informatica. The deal would be Salesforce’s largest since acquiring Slack in 2021, and shares fell 7% Monday on the news. Informatica would add more advanced technical capabilities to the Salesforce product line.