Mode raises $2M and opens ‘GitHub for data’ to the public


Mode, a startup that launched last year under the tagline of “GitHub for data analysis,” has raised $2 million in venture capital and is opening a beta version of its service to the public. Formation8 led the round, with participation from Panorama Point, Goldcrest and a number of individual investors, including Reddit founder Alexis Ohanian.

Derek Steer, Mode’s co-founder and CEO (pictured above, second from right), explains the company’s platform as being similar to GitHub in theory but significantly different in practice. It’s a place where data analysts can share their work and find others’ work (datasets, models, code, etc.), establish reputations for themselves, and generally reduce the need to reproduce analyses or clean messy datasets that others have already done. Users can clone others’ work and start their own analysis from that point rather than starting from scratch.

Where Mode differs quite a bit is that it lets…

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