Coalesce Expands Platform with CastorDoc Acquisition

Coalesce, a data transformation company based in San Francisco, has acquired CastorDoc, an AI-powered data catalog company. This acquisition has resulted in the introduction of Coalesce Catalog, an AI-driven metadata management solution aimed at modern data teams. The strategic move intends to enhance Coalesce's data platform by integrating dynamic metadata management alongside the company's data transformation capabilities. Coalesce Catalog democratizes data access for both technical and non-technical users, aiming to simplify data transformation and improve data governance and visibility. According to Coalesce's CEO Armon Petrossian, this acquisition is an essential step toward fulfilling their mission of simplifying data transformation processes. The acquisition is also seen as a pivotal moment for the Modern Data Stack, as it combines the best features of two high-growth companies, expanding Coalesce's addressable market and setting a precedent for tightly integrated, multi-cloud solutions. A phased product integration plan has been outlined to enhance product connectivity over time, focusing on automated lineage tracking and a fully integrated platform with embedded governance and intelligence. For existing CastorDoc customers, the transition is seamless with the only change being the product's name. By strengthening its platform, Coalesce aims to empower data teams with better access to trusted data and improve governance, accessibility, and collaboration.