Many enterprises are deploying artificial intelligence (AI) and business intelligence (BI) solutions and nearly all of them continue to struggle with accessing their large, disparate data stores. For each AI or BI application, the enterprise must create and manage a set of policies and procedures to ensure data privacy and security is in place because most applications copy, replicate and propagate the data. This creates an increasing data governance challenge as a business becomes more digital and intelligent through the use of analytical applications.
Molecula addresses both the performance challenges of accessing large, disparate datasets and simplifies data governance. We’re excited to announce our investment in Molecula’s $6M seed round. Molecula is a Data Virtualization platform that helps enterprises make their data ready for AI. Molecula offers a Virtual Data Source (VDS) that gives users a containerized view of their data, and builds upon their open-source Pilosa distributed bitmap index technology. Molecula enables blazingly fast querying over traditional methods and simplified data security and governance because the data is not replicated as is common in today’s BI and AI applications. With Molecula, companies can drive faster decision cycles for business users as well as simplify data governance compliance. Molecula’s VDS Management System (VDSMS) facilitates the creation and administration of multiple VDS instances, reducing the complexity of managing data infrastructure to just a few lines of code and allowing users to clone, move, manage access to, and apply plugins to VDS instances.
Molecula was founded by H.O. Maycotte in Austin, Texas. The company has a strong leadership team and is already partnering with major firms such as Oracle. We’re looking forward to working with H.O. and the team at Molecula to help make enterprises more ready for artificial intelligence!