??Peaka Newsletter #42-September: ??Turning REST APIs into a data source ??A Brief History of Data ? 6 Dimensions of Data Quality

??Peaka Newsletter #42-September: ??Turning REST APIs into a data source ??A Brief History of Data ? 6 Dimensions of Data Quality

Our CEO Mustafa has been in California for close to a month now. After attending SaaStr, he carried on with his event-hopping, this time attending TechCrunch 2023 in San Francisco last week.?

In addition to being your go-to source for tech-related news, TechCrunch has been bringing together investors, entrepreneurs, and tech enthusiasts from all walks of life since 2010. More than 10,000 attendees participated in this year’s event, where sustainability and AI were top of the agenda.?

Mustafa touched base with some old friends, made new ones, and demonstrated Peaka’s capabilities to tech enthusiasts. He will be around the Bay Area for a few more days, so make sure to ping him for a chat on anything and everything data integration.?

In this edition:

  • ?? What's new at Peaka:?? Turning REST APIs into a data source?
  • ??From Peaka:?? Before the Warehouse, Lake, and Hub: A Brief History of Data? 6 Dimensions of Data Quality?? Hard Tech: Challenges and Work-arounds
  • ?? Community News:?? Zenity strives to keep no-code/low-code apps secure?? Databricks Scores $43 Billion Valuation with a $500 Million Funding Round?? Cisco to acquire Splunk in $28B mega-deal


?? What's new at Peaka

?? Turning REST APIs into a data source

Our users typically bring their data into Peaka from a database or using a SaaS connector. Now, they have a third option: Using Rest APIs as a data source.?

Peaka allows users to turn their publicly shared APIs and the APIs they have exposed to outside data consumers into data sources. The data in these external sources can be viewed as tables by the users, who can query and filter the data as they would in any other table.?

With this feature, users can leverage Peaka REST to turn their custom APIs into Peaka tables. It also works wonders when there is no ready-made Peaka connector for the API you want to use. You can still bring in, query, and filter your data without hassle by utilizing Peaka REST in that case.?


?? Community News

?? Before the Warehouse, Lake, and Hub: A Brief History of Data

Digital data becoming the predominant form of data is a relatively recent phenomenon. Humanity's history with data goes a long way back. Hop on for a ride with Kelly O'Connor to see how our treatment of data changed throughout history.?

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? 6 Dimensions of Data Quality

Despite all the talk around 'data,' not many organizations know what to do with it. Good data has certain characteristics, which most of the data organizations have today lack. This blog post examines the factors that have an impact on the quality of data.

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?? Hard Tech: Challenges and Work-arounds

Most of the literature on startups focuses on SaaS startups. But what about hard tech startups? What kind of challenges do they face, and how can founders overcome them? Bruce McFadden investigates.?

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?? Zenity strives to keep no-code/low-code apps secure?

The rise of the no-code/low-code tools may have lowered the technical barriers for most people, but it also paved the way for an app sprawl at the workplace. The increase in the number of apps created without IT supervision poses a security threat because non-technical users are not well-versed in security and governance. Companies like Zenity are tackling this exact problem.?

Zenity’s platform gives application security teams inside a company more visibility into the apps created by employees, minimizing security risks without undermining the creativity of employees. It achieves this by connecting to the apps via APIs, checking the metadata and other aspects, and informing the security teams about possible issues via a dashboard.?

The Israeli startup has received backing from institutional investors, raising $16.5 million in a funding round. The round was led by Intel Capital with participation from existing investors Vertex Ventures and UpWest.

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?? Databricks Scores $43 Billion Valuation with a $500 Million Funding Round

Founded by Ali Ghodsi and six other researchers at the University of California, Berkeley, Databricks has been one of the stars of the tech industry for the last ten years. Reinventing itself multiple times since its foundation in 2013, the company today brings together data, analytics, and AI, serving its customers with a “lakehouse” architecture. Databricks recently grabbed headlines with a wildly successful funding round worth $500 million.

Led by T. Rowe Price, the Series I funding round pushed the valuation of the company to $43 billion, up from the $38 billion it was valued at after the Series H it raised in August 2021. Other participants in the round included Capital One, Nvidia, and existing investors Andreessen Horowitz and Tiger Global.

This recent valuation came at the heels of a strong quarter from the company. 2023 Q2 was particularly successful for the company as it recorded the highest incremental revenue growth in its history. Databricks becomes the eighth-most valuable privately-held company in the world after its latest funding round.

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?? Cisco to acquire Splunk in $28B mega-deal

The last two weeks saw some big moves in the tech industry. First, Databricks raised half a billion dollars in a funding round, and then Cisco acquired Splunk for $28 billion. Corporate decision-makers seem to be more comfortable pulling the trigger on big deals nowadays, probably because being late might spell trouble as AI shakes things up like never before.?

The M&A between Cisco and Splunk seems to be a match made in heaven, as the latter is well-positioned to become a key cog in Cisco’s security machine. Splunk equips Cisco with an observability platform that it lacked before and facilitates the detection and analysis of system failure by customers.

The AI revolution seems to have changed the tech industry forever, with Microsoft rushing to splash billions for OpenAI and Batmans like Amazon looking for Robins like Anthropic. The Splunk acquisition seems to have an AI angle, too, as Cisco CEO Chuck Robins explains: “Our combined capabilities will drive the next generation of AI-enabled security and observability. From threat detection and response to threat prediction and prevention, we will help make organizations of all sizes more secure and resilient.

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Thanks for reading!

- Peaka Team


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