Monda, the all-in-one data monetization platform, has acquired Amplify Data, a data delivery platform for data-as-a-service companies. Terms of the transaction were not disclosed. “We started Amplify to build the data product infrastructure we wished we had when working for data-hungry businesses,” remarked Karthik Kumar, Founder and CEO of Amplify Data. “Whether you’re delivering data to one customer or a hundred, it should be fast, secure, and personalized. Like Monda, we believe in reducing operational overhead for data providers, and we’re excited to combine our technologies to offer an all-in-one data commerce experience that will delight data providers and their customers alike.”
We started Amplify to build the data product infrastructure we wished we had when working for data-hungry businesses. Whether you’re delivering data to one customer or a hundred, it should be fast, secure, and personalized. Like Monda, we believe in reducing operational overhead for data providers, and we’re excited to combine our technologies to offer an all-in-one data commerce experience that will delight data providers and their customers alike. – Karthik Kumar
Founded by Karthik Kumar and Ameya Pathare in 2022, Amplify Data had raised a total of $3.5M in funding and is backed by Notation Capital, KohFounders, Hypothesis, ASC VC, and Nicholas Chirls. Amplify Data developed a platform that enables data owners to easily customize and share data products with data consumers across cloud platforms and data marketplaces. As part of the acquisition, Amplify’s technology will be fully integrated into the Monda platform, giving Monda’s customers a unified system for creating data products, generating demand for them, and delivering them to any destination.
“Customizable data delivery is the key challenge for most data providers today,” remarked Thani Shamsi, Founder and CEO of Monda. “Every delivery is a bespoke project involving engineers, access controls, cloud storage, and cost management. Amplify has built the modern delivery layer data providers have been waiting for – secure, self-serve, and cloud-agnostic. By adding this technology to the Monda platform, we’re enabling our customers to deliver customized data products seamlessly across clouds – fueling AI models with training and context data.”
Customizable data delivery is the key challenge for most data providers today. Every delivery is a bespoke project involving engineers, access controls, cloud storage, and cost management. Amplify has built the modern delivery layer data providers have been waiting for – secure, self-serve, and cloud-agnostic. By adding this technology to the Monda platform, we’re enabling our customers to deliver customized data products seamlessly across clouds – fueling AI models with training and context data. – Thani Shamsi
The acquisition accelerates Monda’s vision of building the operating system for commercial data sharing, becoming a key platform in the AI value chain by enabling frictionless data exchange. Customers will benefit from Amplify’s secure, customizable, and scalable data sharing platform, in addition to Monda’s existing integrations with data marketplaces.
