A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – BUSINESS INTELLIGENCE
- Vena Solutions, a SaaS-based corporate performance management solution provider, raised $30M funding led by Centana Growth Partners. Link
- InnovAccer, a provider of big data analytics platform for the researcher, secured $15.6M funding led by Westbridge Capital Partners with participation from existing angel investors. Link
- Grow, a provider of cloud-based business intelligence visualization solutions, raised $11M in Series A funding led by Toba Capital. Link
- Jornaya, an analytics platform for marketers, secured $10M in series B funding led by Edison Partners. Also, changed its name from LeadiD to Jornaya. Link
- CoolaData, a cloud-based behavioral analytics platform provider, raised $5.6M in Series B funding round led by Salesforce Ventures, TEEC Angel Fund with participation from existing investors 83North and Carmel Ventures. Link
- Tidemark, a cloud-based enterprise performance management application provider, raised late stage investment of undisclosed amount from Marlin Equity Partners. Link
- BeyondCore, a business intelligence and advanced analytics company, was acquired by Salesforce.com for an undisclosed amount. Link
SOME INTERESTING STARTUPS FOUND
Etleap (2016, SF) – Provides a SaaS-based tool for data ingestion and cleaning which enables a data team to build and manage Redshift data warehouses without any coding or infrastructure.
LEADER BOARD – BUSINESS INTELLIGENCE
Suites
SAP (1972, Walldorf, IPO) – Provides data integration, visualization and predictive analytics suite of solutions through the product line of SAP Business Objects and SAP Lumira for individuals, SMEs , enterprise and on the cloud. Went public in 1988.
IBM (1911, NY, IPO) – Provides data integration, visualization and predictive analytics solution through IBM Cognos and Watson analytics line of products. Went public in 1970.
Jaspersoft (2001, SF, $43.5M, Acq.) – Provides features to build reports, dashboards and analytics directly from Hadoop, MongoDB, Cassandra and more. Backed by Redhat Ventures, Quest VP, DCM Ventures, Partech Ventures,more. Acquired by Tibco in 2014.
Suites – BigData
ZoomData (2012, Reston, $47M) – Big Data integration and Visual data discovery directly on BigData sources. Backed by Goldman Sachs, Comcast Ventures, Accel Partners, NEA, Razors VC and more.
Visualization Tools
Visualization Tools – Visual Analytics
Tableau (2003, Seattle, IPO) – Provides interactive data exploration through heat maps, pivot tables and geographical maps. Live data connectors and integrated in-memory ETL architecture. Went public in 2013.
Domo (2010, American Fork, $590M) – Provides self-service data exploration with prebuilt role based Domo apps. Has over 300+ connectors and data fusion platform to clean, transform and load data automatically. Backed by Glynncapital, GGVC, Blackrock, TPG Growth, Fidelity Investments, Greylock, IVP and more.
Visualization Tools – Natural Language Search
ThoughtSpot (2012, Palo Alto, $91M) – Provides an NLP engine to query relational databases to enable self-service BI for business users. Backed by ISVP, Khosla Ventures, Battery Ventures and General Catalyst.
Visualization Tools – Modeling Language
Looker (2011, Santa Cruz, $96M) – Provides LookML, a query language which enables data modeling faster and easier than SQL. Provides visualization and embedded analytics. Backed by KPCB, Redpoint, Meritech Capital, Sapphire Ventures, First Round, Pivot North and more.
Visualization Tools – Reporting Tools
iCharts (2008, Sunnyvale, $15M) – Provides standard reporting from Netsuite and Salesforce, web-based apps and structured data sources. Backed by Plug and Play ventures, Software AG.
Mobile BI
Roambi (2008, Solana Beach, $50M, Acq.) – Provides mobile first ad-hoc analysis, visualisation and dashboards that can be instantly accessed via the iPhone or iPad. Backed by Sequoia Capital.
Data Preparation
Data Preparation – Integration
Talend (2006, Redwood City, $102M) – An open source software vendor that provides big data integration, data management, enterprise application integration etc. Backed by Bpifrance, Iris Capital, Silver Lake Sumeru, Balderton Capital.
Snaplogic (2006, San Mateo, $96M) – Provides PaaS integration platform to integrate applications, data, APIs with each other. Backed by Microsoft, Silverlake, a16z, Ignition Partners, Trianglepeak Partners and more.
Data Preparation – Cataloging
Attivio (2007, Newton, $102M) – Provides ETL, data transforming, indexing and cleaning to Visualization tools like Tableau to understand relationships between data sources. Backed by Oak Investment Partners.
Tamr (2012, Cambridge, $41M) – Tamr catalogs and enrich the data analysis by filtering and searching through a wide number of data source repositories such as HDFS, Google cloud storage, Amazon Redshift, mongoDB, Cassandra etc. Backed by GV, NEA, Thomson Reuters, Sinewave VC, Hewlett-Packard Ventures and more.
Advanced Analytics
Alteryx (2010, Irvine, $163M) – Offers advanced BI solutions including predictive forecasting along with ETL and visualization. Backed by Iconiqcapital, Insightpartners, Meritech Capital, Sapphire Ventures, Toba Capital.
Platfora (2011, San Mateo, $95M) – Platfora is an end-to-end software platform to run natively on Hadoop and Spark, to provide raw data preparation, in-memory acceleration, and rich visualizations in the areas of security, marketing, finance, etc. Backed by a16z, Battery ventures, Allegis Capital, Citi Ventures, Cisco and more.
Datameer (2009, San Mateo, $77M) – Provides Big data Analytics solutions using Hadoop to discover insights from data via integration, iterative analytics and visualizations. Backed by Toptier Capital, Nextworld Capital, KPCB, Redpoint.
BI Verticals
BI Verticals – Finance and Accounting
AdaptiveInsights (2003, Palo Alto, $176M) – Provides financial analytics solutions for planning, budgeting and forecasting enabling finance and management teams to plan, monitor, report on, and analyze financial and operational performance. Backed by Salesforce, IVP, BVP, RBC VP, Onset Ventures, Cardinal VC and more.
BI Verticals – Marketing
MarketShare (2005, LA, $94.5M, Acq.) – Provides cross-channel attribution and campaign performance KPI monitoring by integrating marketing, sales, social and customer data into one platform. Backed by FTV Capital and Elevation Partners. Acquired by Neustar in 2015.
BI Verticals – Sales
Insidesales (2004, Provo, $199M) – Provides sales forecasting and visualization with sales data based on Neuralytics, a predictive and prescriptive analytics self-learning engine for lead prioritization and hiring. Backed by Salesforce, Polaris Partners, Microsoft, KPCB, USVP, Humwin VP and more.
BI Verticals – HR
Visier (2010, Vancouver, $46.5M) – Provides workforce analytics and planning solution to reduce workforce costs, improve productivity, attract and retain top talent. Backed by Adamsstreet Partners, Foundation Capital, Summit Partners.
BI Verticals – Operation
RetailNext (2007, San Jose, $184M) – Real-time in-store analytics using WiFi and Bluetooth sensors. Backed by Activant Capital Group, NGP, StarVest Partners and August Capital.
Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
For latest updates, visit Business Intelligence feed.