Anomalo nabs $5.95 million for AI data validation tools

Anomalo, a provider of data validation and documentation services for developers, today announced that it raised $5.95 million in venture capital. First Round Capital and Foundation Capital participated in the seed funding round, which is Anomalo’s first since its founding in 2018. Data validation is a top concern for businesses reliant on big data analysis to take care of their operations, particularly when it comes to machine learning and AI evaluation of datasets. According to a recent survey of enterprise data scientists, nearly 40% of failed machine learning projects stalled during data-intensive phases such as training data preparation, algorithm training, model validation and scoring, and post-deployment enhancement.

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