Rockfish Data, a leader in synthetic data generation for operational workflows, announced the closing of a $4 million seed fundraising round. This funding round was led by Emergent Ventures with participation from Foster Ventures, TEN13, Dallas VC, NewBuild Venture Capital, and others. This brings the total amount raised close to $6 million.
Launched by Dr. Muckai Girish, Dr. Vyas Sekar, Dr. Giulia Fanti, and Mr. Nathan Haugo, Rockfish Data is transforming how enterprises and public sector organizations overcome data silos that severely limit the efficacy of AI/ML and analytics workflows today.
Product owners are facing data silos across the entire product lifecycles – such as showing product demos for potential customers, cross-company or cross-border data sharing, and generating diverse training and test data. Synthetic data via Generative AI holds the key to addressing this massive gap in operational data. Based on innovation and research at Carnegie Mellon University, the Rockfish Data platform is the industry’s first outcome-centric synthetic data generation platform that helps companies unlock the value of their data and drive these workflows.
Rockfish Data is used by several enterprises and public sector agencies such as the US Army and the Department of Homeland Security.
KEY QUOTES:
“Synthetic data is poised to play a crucial role in ensuring AI models’ robustness and scalability as they transform a range of industries and applications. Rockfish Data’s approach to generating synthetic data using state-of-the-art deep generative algorithms addresses a critical need in enterprise data operations. We’re excited to partner with Rockfish as they enter this new phase of growth.”
– Anupam Rastogi, Managing Partner at Emergent Ventures and incoming board member at Rockfish
“Rockfish Data is a company that we have believed in since its inception. We are impressed with the progress the company has made and are excited to be a part of its continued success.”
– Priya Ramachandran, Managing General Partner at Foster Ventures
“Rockfish Data brings much-needed genAI-based synthetic data generation to the Conviva platform for generating structure preserving session and event datasets. We are impressed by Rockfish’s ability to create privacy-preserved and high-fidelity synthetic data using state-of-the-art genAI capabilities for a plethora of use cases, including product demos, AI training, and test data generation.”
– Jibin Zhan, Co-founder and VP of Engineering at Conviva
“We are on a mission to make it easy for enterprises to overcome data silos as they build AI and ML workflows at scale. We have redefined how synthetic data can be generated for operational workflows using generative AI. This funding round will allow us to continue our product innovation and invest in more go-to-market initiatives that accelerate adoption.”
– Rockfish Data Co-founder & CEO, Muckai Girish
