Diskover, a company enabling enterprises to structure their unstructured data at exabyte scale, announced several milestones: the closing of a $7.5 million seed funding round; the launch of partnerships with both Snowflake and NetApp, each of which is also among Diskover’s new investors; and the acquisition of data intelligence and orchestration platform company CloudSoda.
These announcements mark a significant step forward for Diskover, which features 130+ enterprise customers across a wide range of industries. And it offers tailored solutions for media and entertainment, life sciences, semiconductor design, energy, and manufacturing. And Diskover also has a previously announced commercial relationship with Dell.
Diskover’s technology plays a significant role in curating and powering AI pipelines by identifying relevant and high-quality data from globally distributed, enterprise-scale repositories, both on-prem and in the cloud. This technology verifies against the existing enterprise authentication system to honor existing permissions and security, ensuring maximum compliance with corporate governance. The combination of scale, data relevance, and security allows for the most efficient large language models for customers.
Problem being addressed: Diskover addresses an issue that has plagued enterprises for decades: unstructured data, including documents, PDFs, videos, audio files, text messages, and more, has historically been impossible to track, govern, secure, or use meaningfully. Yet it accounts for most enterprise IP and is foundational to effective AI modeling. A lack of clarity about this essential data prevents enterprises from knowing what their data is, where it is, or whether it’s usable.
Diskover’s platform solves this by continuously scanning and indexing billions of unstructured files across complex hybrid environments. It then organizes this metadata in business-relevant terms, creating a real-time inventory that gives IT and business users the power to search, classify, govern, and route their data.
Seed funding round: Diskover’s $7.5 million seed round includes investment from Park Partners, The Hive, Snowflake Ventures, and NetApp. This financing will help the company expand its engineering capacity and support its growing roster of go-to-market partners.
Snowflake partnership: Along with participating in the seed round, Snowflake has agreed to partner with Diskover. Snowflake’s customers will be able to procure Diskover through the Snowflake Marketplace. The companies are also working to connect Diskover’s on-prem data intelligence capabilities to Snowflake’s Openflow data integration service, closing a critical gap in hybrid data orchestration.
NetApp partnership: In the case of NetApp, Diskover can be utilized as part of NetApp’s integrated data pipeline, which incorporates various data sources from edge devices to the cloud.
CloudSoda acquisition: Diskover’s acquisition of CloudSoda brings new capabilities to its platform, especially regarding usability and natural language AI agents. The terms of the deal were not disclosed.
KEY QUOTES:
“This is a huge moment for us, as well as our customers, as we leverage the funding and partnerships to further integrate with our customers’ most strategic data platforms. The funding, the CloudSoda acquisition, and our work with Snowflake and NetApp all point in the same direction: empowering organizations to streamline their data pipelines, automate the ingestion of their most relevant data sets, and streamline costs across storage, compute, and GPUs. With unstructured data comprising more than 80% of all enterprise data, and AI’s insatiable need for high-quality inputs growing daily, Diskover is the starting point for enterprise AI.”
“We’ve turned what used to be a dark, opaque data swamp into a structured, searchable, actionable resource. If you want to build AI that works, it starts with knowing what you have and curating it in the most efficient manner. That’s what we do.”
Will Hall, CEO of Diskover
“We’re seeing more customers adopt an AI-first data strategy, which depends on having access to all your data. Enterprises can’t unlock the full value of AI without knowing what unstructured data they have and how to use it. Our partnership with Diskover, in combination with Snowflake Openflow, makes that possible, acting as a super-connector to exabyte-scale unstructured data. We decided to invest in and partner with Diskover because we see a shared commitment to helping customers bring clarity and real operational value from inception to insight of their unstructured data.”
Harsha Kapre, Director, Snowflake Ventures
“While cloud data warehouses have become the new hub for adoption of AI by enterprise applications, exabytes of rich unstructured data in object stores and file systems remain out of reach of AI applications, as it is not viable to train and inference over them. Diskover unleashes the transformative power of AI and data-driven applications over unstructured data sources by becoming a super-connector bringing enriched AI context from them to cloud data warehouses.”
Kamesh Raghavendra, General Partner at The Hive
“Data classification is a fundamental step for organizations to discover their unstructured data and prioritize where to focus. Customers who use Diskover alongside NetApp solutions to build an Intelligent Data Infrastructure will be better equipped to surface and activate their unstructured data at scale, wherever it lives. This collaboration helps accelerate cyber resiliency, AI readiness, and storage efficiency to deliver outcomes that drive business value.”
Gagan Gulati, the SVP and GM of Data Services at NetApp
“Today, AI is essential in accelerating an enterprise’s ability to generate competitive advantage. To maximize that advantage, AI engines require relevant and accurate data. Diskover helps enterprises to identify the data that will generate the greatest value, connect it with critical enterprise applications, including AI, and enable business leaders to make informed decisions to achieve their business objectives.”
Ben Woo, principal analyst of Neuralytix
“We’re excited to see how our partner Diskover accelerates its product strategy following recent investments and acquisitions, with the funding enabling them to further integrate with customers’ most strategic data platforms.”
Josh Mason, Chief Technology Officer at RecordPoint
