Zengines, a leading provider of AI-driven data management solutions, has successfully closed its oversubscribed Series Seed Preferred financing round, led by Hyde Park Venture Partners. The raised capital will be used to accelerate the company's product development and expand market presence.
This announcement follows the recent launch of Zengines' end-to-end Data Migration platform in Fall 2024, along with the introduction of its Data Lineage solution. The platform consists of three core components: the Zengines Analyzer, which identifies data requirements through intelligent discovery; the Zengines Mapper, which leverages AI to generate field matches and apply data transformations; and the Zengines Loader, which moves and validates transformed data into target systems. These integrated components utilize Active Metadata to optimize and learn from each migration process.
The new Data Lineage solution enhances visibility into the data lifecycle, tracing its origins and the transformations it undergoes. This solution supports key initiatives such as Mainframe Modernization, Data Governance, Data Design, and Data Quality.
About
Zengines co-founders Caitlyn Truong and Carl Drisko emphasized the platform's ability to reduce migration-related time, cost, and risk, while Hyde Park's Greg Barnes highlighted the company's progress in leveraging AI to address complex data management challenges. Zengines' AI platform is widely used across various industries by enterprises, software vendors, and consultants, enabling more efficient and risk-mitigated data conversions and system migrations.
Comments