lakeFS, the enterprise-grade version control system for data, announced a $20 million growth funding round. Trusted by organizations such as NASA, Bosch, Lockheed Martin, Volvo, and the U.S. Department of Energy, lakeFS continues to play a critical role in data infrastructure strategies across industries. The latest investment, led by Maor Investments with participation from Dell Technologies Capital, Norwest, and Zeev Ventures, brings the total raised to $43 million. This capital will support expansion efforts and product development aimed at data engineering and AI initiatives within enterprise and public sector environments.
AI and ML projects continue to face barriers due to insufficient data infrastructure, as highlighted by an EY Survey in which 83% of executives reported that a stronger data foundation would accelerate AI adoption. lakeFS addresses this challenge by enabling version control for massive and complex datasets, eliminating the need for manual duplication and increasing efficiency across model training and deployment. By reducing delays and compliance risks, the platform helps enterprises realize faster, more cost-effective AI outcomes. As Dr. Einat Orr, co-founder and CEO of lakeFS, stated, “We’re still at the very beginning of the AI revolution and organizations struggle to unlock value and business efficiencies using AI.”
lakeFS provides enterprise data, AI, and ML teams with a Git-like version control system purpose-built for structured, semi-structured, and unstructured data. This allows experimentation on petabyte-scale datasets without duplication, ensures reproducibility for compliance and auditing, and enhances collaboration across teams and environments. The platform has been recognized globally, with leaders from companies such as Volvo, Lockheed Martin, and Microsoft highlighting its value in enabling robust, trustworthy AI infrastructure.
With demand for scalable AI infrastructure accelerating, lakeFS is expanding its engineering and go-to-market operations, deepening enterprise partnerships, and rolling out new product capabilities such as distributed data management and Iceberg REST catalog support. Ido Hart, Partner at Maor Investments, noted, “AI progress is bottlenecked not only by algorithms, but also by data. lakeFS is solving one of the most critical and often overlooked challenges in modern data infrastructure for enterprises.”