Company attributes
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Monte Carlo is a developer of a digital data reliability platform intended to monitor and offer alerts for missing or inaccurate data. The company's platform resolves data problems, leading to stronger data teams and insights that deliver true business value. The company was founded in 2019 and is based in San Francisco.
Monte Carlo uses a data collector to connect the company's platform to data warehouses, data lakes, and business intelligence tools in order to collect metadata, logs, and statistics about the company. The service is designed to maintain all data in a user's environment, such that the data cannot leave Monte Carlo's cloud, especially in reference to individual data records or personally identifiable information, which Monte Carlo does not collect. Furthermore, connectivity to the data warehouses, data lakes, and business intelligence tools are never exposed outside of Monte Carlo's cloud. These goals are accomplished using a specific architecture that allows users to install the data collector in their AWS environment, rather than external to that environment.
With data warehouse and data lake integrations, Monte Carlo is able to track the health of data in tables and pipelines. By pulling metadata, query logs, and metrics from a data warehouse, Monte Carlo works to provide users end-to-end data observability. While the integration of business intelligence tools allows Monte Carlo to track metadata and lineage for any dashboards or reports used in an environment.
Monte Carlo works to develop and deploy three types of data health monitoring in order to be able to increase the number of relevant issues detected by the platform, while minimizing the operational and computation costs associated with creating those monitors. This is achieved through the use of full coverage machine learning-driven detection, opt-in coverage machine learning-detection, and customer rule-based detection.
Monte Carlo data monitoring types
Customers and users of Monte Carlo's data monitoring platform include Fox, Hearst, Hippo, Affirm, ThredUp, Kolibri, Vimeo, Mercari, PagerDuty, AutoTrader, Hotjar, The Farmer's Dog, Compass, Blinkist, Resident, Yotpo, Mindbody, Optoro, New Relic, and Eventbrite.