GitLab has announced the spin-out of Meltano, an open source ELT (Extract, Load, Transform) platform built for the DataOps era. Meltano also closed $4.2 million in seed funding led by GV and a number of angel investors, including Ram Shriram, WordPress founder Matt Mullenweg, and Max Beauchemin, creator of Apache Airflow and Superset.

As an independent company, Meltano has the opportunity to grow further as an open source company and focus on addressing the needs of the data engineering market starting with enhanced data integration.

In the near future, Meltano plans to add support for open source tools like Superset and Metabase for visualization, and alternative orchestration solutions like Dagster and Prefect, while continuing to grow its connector library with the help of the community.

Meltano offers an open source data integration (ELT) solution that embraces the Singer standard for data movement and its existing library of over 200 community-maintained connectors, along with dbt for transformation, and Airflow for orchestration.

Meltano makes it easier to use and deploy these tools together, to discover existing connectors, and to build new ones.