Belgian tech unicorn Collibra acquires Czech company SQLdep: Here are all the details

Belgian tech unicorn Collibra acquires Czech company SQLdep: Here are all the details

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When it comes to running an organisation, understanding the data lineage for your business’ data can be incredibly important for several reasons. In simple terms, Data Lineage can be defined as data lifecycle that includes the origins and where it goes overtime.

Tracking, managing and viewing of data lineage helps in simplifying tracking the errors back to the data source and also helps to debug the data flow process.

There are lots of companies that offer insight into where your data originated and how it was constructed. Collibra, the data intelligence company is one of them. The company made into headlines recently after acquiring SQLdep, a leading SaaS provider of automated data lineage.

Purpose of acquisition!

According to the company, the integration of SQLdep with Collibra’s current offerings will advance the company’s platform strategy by enabling more data citizens to maximize the value of their data.

In addition to it, the data intelligence company is planning to expand its European presence, acquiring SQLdep’s operations and development hub in Prague.

Martin Masarik, CEO for SQLdep, said:

We built SQLdep to automate and simplify the discovery of data lineage and help companies better capture the context around their data, comply with regulations, and innovate their technology stack. Now, together with Collibra, our capabilities will allow business users to quickly surface insights by pinpointing the optimal data sets using data sourced from anywhere in the enterprise.

Collibra and SQLdep together compliment each other!

Furthermore, the SQLdep’s automated data lineage functionality will complement Collibra Catalog and Collibra’s privacy offerings.

With SQLdep’s automated lineage diagrams, users can understand how data sets are built and aggregated, what each set means, and which sets can be trusted to be leveraged for business decisions.

Masarik, added:

We built SQLdep to automate and simplify the discovery of data lineage and help companies better capture the context around their data, comply with regulations, and innovate their technology stack. Now, together with Collibra, our capabilities will allow business users to quickly surface insights by pinpointing the optimal data sets using data sourced from anywhere in the enterprise.

Collibra – First Belgian tech startup unicorn

Headquartered in Brussels, Collibra helps organizations around the world gain a competitive advantage by maximizing the value of their data across the enterprise. The company operates in the U.S., Australia, Belgium, France, UK, and Poland.

Earlier this year, Collibra became the first Belgian tech startup unicorn with a valuation above 1 billion dollars. This platform can be used by the organisation of all sizes and designed to primarily support Chief Data Officers (CDO). Since it comes with a slew of products, it is useful for employees who are dealing with the organisation’s data governance and data management tasks.

Collibra was founded mid-2008 as a spin-off from STARLab at the VUB University of Brussels. The company is backed by venture capital, including the Brussels Imagination, Innovation and Incubation Fund, Brustart (GIMB), and business angels.

Headsup  – SQLdep

SQLdep automates the discovery and visualization of technical data lineage and enables organizations to better capture context around data, understand data quality, support compliance initiatives and increase trust.

Stay tuned to Silicon Canals for more updates in the tech startup world.

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