Rockfish is announcing a $4 million seed round led by Emergent Ventures, with participation from Foster Ventures, TEN13, and Dallas VC, among others. This brings the company’s total funding up to about $6 million.
Anupam Rastogi, a managing partner at Emergent Ventures, told TechCrunch that he had been tracking Sekar long before the founding of Rockfish. He said that what caused the firm to invest was “team, market, and product, in that order.” Plus, Rockfish’s focus on building for enterprises made it a better fit for Emergent than some of the other players in the space.
“The team is super high-quality data scientists, multiple PhDs,” Rastogi said. “This is a space that we think is very technically sophisticated and having that technical strength around the table is really critical. They have done a lot of the foundational work in the space, not just in the company, but the whole industry.”