CAMBRIDGE, Mass., May 01, 2018 (GLOBE NEWSWIRE) -- Sentenai, an emerging data science technology company, today announced it has raised $2 million in seed funding to further its product and customer development initiatives. This marks one of the first investments for One Way Ventures, a new, Boston-based fund founded by Semyon Dukach and Eveline Buchatskiy. Additional new Sentenai investors include TechNexus Venture Collaborative, which will also serve as a development and commercialization partner through its enterprise network, as well as notable angels Rob May, Jennifer Lum and Julia Austin.

“We’re thrilled to have Sentenai in our portfolio and support them in their mission of making data science more efficient,” said Eveline Buchatskiy, Managing Partner at One Way Ventures. “Given the team’s one-of-a-kind technical prowess, we look forward to Sentenai cementing itself as a critical contributor in the solutions ecosystem of making data more actionable and enabling more productive operations.”

By providing event-based data stream storage and extensive search capabilities, Sentenai empowers businesses and data scientists to more productively leverage their existing data, without requiring any lengthy data engineering work. The company’s product combats data sprawl by fusing together multiple channels of event-based data, and continuously optimizes data, indexing and storage by predicting each data stream schema and learning over time as more data and streams are introduced. By helping businesses understand the information their event-based data provides, Sentenai enables more effective decision-making and streamlined operational processes.

In conjunction with securing capital, Sentenai recently entered into several new pilots with organizations in the manufacturing and logistics industries, and expanded its operational and engineering teams by nearly 50 percent. New leadership hires include Dixi Wu as the company’s first Data Scientist, Luke Meleney as Director of Sales, Kyle Seaman as Director of Product and Partnerships, and Jay Edwards, who was the number nine employee at Twitter, as Director of (Technical) Operations.  

“We’re excited to build on the momentum of these key company milestones,” said Rohit Gupta, co-founder and CEO at Sentenai. “By working with such experienced, knowledgeable investors and continuing to grow our team, we’re in an optimal position to help businesses capitalize on the power of their enterprise data by finding invaluable intelligence that exists within it.”

About Sentenai
Sentenai provides enterprises visibility across event-based data systems. Designed to combat data sprawl, enhance analytic technologies and bolster data science initiatives, the company’s product includes event stream storage with powerful search capabilities and the ability to learn over time as more data is introduced. By fusing together multiple channels of event-based data to provide one source of actionable truth, Sentenai eliminates the time requirements of managing data infrastructure and enables enterprises to gain new insights from their data that drive better business decisions.

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