Zengines Announces $9M Series Seed Preferred Funding and Major Software Release
HPA is pleased to share that Zengines, an innovative AI-powered data management company, has announced closing their oversubscribed $9M Series Seed round and a major software release. HPA invested in the round, which was led by Hyde Park Venture Partners. The new capital will be used to accelerate product development and fuel market growth.
Zengines has introduced an end-to-end Data Migration platform, revolutionizing the way organizations handle complex data migrations. The platform consists of three key components:
- Zengines Analyzer: Intelligently discovers and analyzes data sources to identify requirements for new target systems.
- Zengines Mapper: Utilizes AI and machine learning to generate field and pick-list matches, transforming data according to various requirements.
- Zengines Loader: Moves transformed data to target systems and performs testing and validation.
“Our AI-powered platform is transforming the data migration landscape,” said Caitlyn Truong, co-founder and CEO of Zengines. “By automating the entire process, we’re significantly reducing the time, cost, and risk associated with data conversions for enterprises across industries.”
In addition to the Data Migration platform, Zengines has launched a new Data Lineage solution. This offering helps enterprises trace data origins and transformation logic, supporting initiatives such as:
- Mainframe Modernization
- Data Governance
- Data Design
- Data Quality
Truong added, “Our new Data Lineage solution complements our Data Migration platform, providing customers with a comprehensive suite of tools to manage their data effectively throughout its lifecycle.”
The recent funding and product release mark significant milestones for Zengines. The company’s innovative approach to data management is attracting attention from enterprises looking to streamline their data migration processes and improve overall data governance.
Congratulations to Caitlyn Truong and the entire Zengines team on these achievements! We at HPA are excited to support the company’s continued growth and innovation in the data management space.
Read more about the round here.