GitLab today announced that it’s spinning out its open source ELT (extract, load, transform) platform Meltano as a standalone business, with financial backing from a number of notable VC and angel investors including Alphabet’s GV.
The developer operations (DevOps) powerhouse debuted Meltano back in 2018, and through various iterations ended up as an open source platform for data integration and transformation.
For context, modern data stacks typically incorporate various tools from ingestion to warehousing that enable companies to take raw data, move it between systems, and convert it into a more usable format that can be queried to generate insights.
