Blog Post

Announcing our Public Beta Launch

by
Nick Freund
-
July 28, 2022

Today, I am delighted to announce that Workstream is officially entering its public beta phase, after securing $7 million in seed funding, led by Lerer Hippeau, with participation from Xfund and various angels.

We started Workstream in 2020 to empower organizations to get more value from their critical data assets. We firmly believe that new tools for consuming, managing and analyzing data have the potential to fundamentally transform the way most businesses operate. Unfortunately, however, most data teams still find themselves grappling with a sprawl of assets across systems that are impossible to manage, and a constant stream of one-off requests from business stakeholders and other types of last mile issues that waste time, and distract teams from the strategic work that accrues long term value. 

With this investment, we will continue to streamline analytics workflows, and focus on solving two major problems for data teams:

  1. Data asset management. Teams within larger organizations are increasingly working within heterogeneous analytics environments in which there are lots of different tools and systems for analyzing and consuming data.  Workstream.io helps to fill the gaps between those tools and systems by providing a centralized place to access and manage everything, allowing teams to consolidate data assets across various consumption tools and functions.
  2. Workflow facilitation.  As the number of people and tools being used to create and consume analysis continues to grow, collaboration and context gets scattered across generic systems used for communication and productivity. When knowledge is scattered, knowledge becomes tribal and ephemeral.  Workstream.io consolidates that knowledge, makes it institutional and exposes it for anyone to use in context. 

Workstream.io has recently added a number of new and enhanced features to its public beta product, designed to enable a streamlined workflow and higher level of collaboration for data driven teams:

  • Knowledge Repository.  Consolidates analytical assets into a single, collaborative workspace.  Automatically categorizes assets and curates supported data products across the entire lifecycle, along with written descriptions, video explanations, and FAQs.
  • Data Concierge. Provides business stakeholders with access to view curated content directly within the UI of the best-of-breed analytics and collaborations software tools that data teams are already using, as well as the ability to ask questions, leave feedback, and more.
  • Asset Management. Provides insights about how data assets are being used and how they are impacting business decisions.  Asset Collections populate automatically, based on labels and tags within the integrated products.  The Asset History feature captures and presents a comprehensive list of interactions over time.
  • New integrations.  Workstream.io is natively integrated with dbt Cloud, JIRA, Looker, Google Workspace (Docs, Sheets, Slides, and Data Studio), Mode, Salesforce, Slack, Tableau, and Thoughtspot.  
  • Tracking Trends.  Monitors new assets being created and tracks key metrics.
  • SOC 2 compliance.  Workstream.io has achieved SOC 2 Type II compliance in accordance with American Institute of Certified Public Accountants (AICPA) standards, indicating that we manage our data with the highest standard of security and compliance. 

We want to help data-driven organizations reach their full potential by simplifying the convoluted process of managing data assets and workflows—and in doing so, ultimately make data more valuable to all of the organizational stakeholders that rely upon it for decision making.

Clearly, we could not have achieved this on our own without our incredible network of customers and partners.  I am very proud of the work our team at Workstream.io is doing to make your experience the best in the industry, each and every day.  Whether you are a new customer or have been with us for years throughout our private beta phase, this would not be possible without you! We cannot thank you enough for your support, and we are honored by your continued trust in us.

We would love to hear about your experience with Workstream.io. Your feedback enables us to become better at what we do every day. If you have a story to share, please get in touch with me at nick@workstream.io.

by
Nick Freund
-
July 28, 2022

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