IBM acquires Databand to bolster its data observability stack

IBM today announced that it acquired Databand, a startup developing an observability platform for data and machine learning pipelines. Details of the deal weren’t disclosed, but Tel Aviv-based Databand had raised $14.5 million prior to the acquisition.
Databand employees will join IBM’s data and AI division, with the purchase expected to close on June 27.
In a statement, IBM general manager for data and AI Daniel Hernandez said that folding Databand into IBM’s broader portfolio would help the latter’s customers better identify and fix data issues including errors, pipel

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