Onum, a leading data observability platform empowering companies to take control of their data, costs, and performance, has announced the successful closure of a $28 million Series A funding round. This investment will fuel the company’s expansion efforts, including strategic hires and market penetration in the United States.
Founded in 2023 by Pedro Castillo, the visionary behind Devo, a cloud analytics and security platform valued at over $2 billion, Onum is revolutionizing data management for organizations of all sizes. By eliminating data noise and focusing on the actionable insights, Onum enables enterprises to optimize their data storage and analytics platforms, make informed decisions in real-time, and enhance cybersecurity and network performance.
Pedro Castillo, CEO of Onum, expressed enthusiasm about the company’s growth trajectory, stating, “This capital injection will propel us forward in delivering value to our customers and capitalizing on new opportunities. With our advanced data observability and orchestration capabilities, we aim to empower businesses to unlock the full potential of their data like never before.”
Onum’s platform provides customers with real-time observation, filtering, enrichment, and orchestration, enabling them to streamline data management processes and reduce costs. By optimizing data utilization and enhancing operational efficiency, Onum helps businesses make smarter decisions and achieve greater agility in today’s competitive landscape.
The Series A funding round was led by Dawn Capital, a prominent investor in technology companies, with participation from Kibo Ventures and Insight Partners. Henry Mason, Partner at Dawn Capital, expressed confidence in Onum’s ability to deliver value to businesses worldwide, citing Pedro Castillo’s track record and expertise in scaling Devo into a market leader in data security.
“We believe that Onum’s innovative approach to data observability and orchestration will revolutionize the way businesses harness the power of their data,” said Aquilino Peña, Partner at Kibo Ventures. “We are excited to support Pedro and his team in their mission to drive meaningful impact and transformation in the data management landscape.”
With this new funding, Onum is poised to accelerate its growth, expand its global footprint, and continue delivering cutting-edge solutions that empower businesses to thrive in the digital age. As organizations increasingly rely on data-driven insights to drive success, Onum remains committed to providing the tools and technologies needed to unlock the full potential of data.
