# Monte Carlo Raises Series C, Brings Funding to $101M to Help Companies Trust Their Data

DevFeed: [Monte Carlo Raises Series C, Brings Funding to $101M to Help Companies Trust Their Data](<https://devfeed.tech/articles/monte-carlo-raises-series-c-brings-funding-to-101m-to-help-companies-trust-their-data-83105.md>)

Original publisher: [Read original article](<https://montecarlo.ai/blog-monte-carlo-raises-series-c-brings-funding-to-101m-to-help-companies-trust-their-data>)

Author: Barr Moses

Published: 2021-08-17T20:14:50Z

Content type: news

Language: en

Sources: [Monte Carlo](<https://devfeed.tech/sources/monte-carlo.md>)

Topics: [data observability](<https://devfeed.tech/topics/data-observability.md>), [observability](<https://devfeed.tech/topics/observability.md>), [product analytics](<https://devfeed.tech/topics/product-analytics.md>), [data-engineering](<https://devfeed.tech/topics/data-engineering.md>)

Tags: [adoption](<https://devfeed.tech/tags/adoption.md>), [announcements](<https://devfeed.tech/tags/announcements.md>), [data-observability](<https://devfeed.tech/tags/data-observability.md>), [data-quality](<https://devfeed.tech/tags/data-quality.md>), [funding](<https://devfeed.tech/tags/funding.md>), [growth](<https://devfeed.tech/tags/growth.md>), [observability](<https://devfeed.tech/tags/observability.md>)

## AI overview

Monte Carlo announced a $60 million Series C round, bringing total funding to $101 million. The company said it would use the investment to expand its data observability product and enter new markets. Its platform monitors data pipelines and data products to help teams detect data quality problems and improve reliability. The announcement also cited customer growth and partnerships with Snowflake, Looker, and PagerDuty.

## Source excerpt

Monte Carlo's Series C highlights the rapid growth of the Data Observability category, our industry-defining customer adoption, and global expansion.