Friday, 24 March, 2023

IBM boosts data observability stack with Databand acquisition

<p>Databand, a startup building an observability platform for data and machine learning pipelines, was acquired by IBM, the company announced today. Although the deal&#39;s specifics were kept under wraps, Tel Aviv-based Databand had previously raised $14.5M. Employees at Databand will join IBM&#39;s data and AI business, and the acquisition is anticipated to finalise on June 27. Victor Shafran, Evgeny Shulman, and Josh Benamram teamed up to co-found Databand in 2018.</p>