A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – BUSINESS INTELLIGENCE
- Klipfolio, an Ottawa-based cloud business dashboard creator, raised $12M in Series B funding. The investment was led by OMERS Ventures with participation from Mistral Ventures, Boldstart Ventures, BDC Capital and Converge Venture Partners. Link
- Element Analytics, a San Fransisco based company providing predictive analytics for heavy industry application raised $7M in a seed round. The investment was made by Kleiner Perkins Caufield and Byers. Link
- Xplenty, a Tel Aviv-based company which provides big data infrastructure platform, through providing data integrations services for Hadoop raised $4M Series A funding. The investment was made by Bain Capital Ventures, Rembrandt Venture Partners, True Ventures, Magma Venture Partners and Waarde Capital. Link
- Numetric, which provides data visualization from multiple sources, raised $3.75M Series A funding from EPIC Ventures. Link
- Cytora, a UK-based real-time analytics company for geographic security threats, raised $2.9M funding in Series A round. Park Walk Advisors led the round with investment from iLexIR and Cambridge Enterprise. Link
- d2i, a healthcare analytics as a service company providing dashboards and reports to emergency department closed Series B round with undisclosed amount of funding. The investment was led by Howard Goldstein of Cortlandt Private Capital, John Martinson of Martinson Ventures, and Parag Saxena’s Beta Operators Fund. The funding round included eight other investors. Link
- Pipemonk, which offers data movement solutions for cloud applications such as CRM, eCommerce, marketing and help desk services was acquired by Freshdesk. Link
- Mentad, a Tel Aviv-based customer segmentation and predictive analytics platform was acquired by SocialCode for an undisclosed amount. Link
- Verdazo Analytics, a discovery platform for Oil & Gas industry, was acquired by Pason. Link
- Edge Technologies, which has a product AppBoard for data visualization and interactive dashboarding, was acquired by Lotus Innovations. Link
SOME INTERESTING STARTUPS FOUND
Entropika provides analytics platform for mobile and web applications. It has a product Chromo which detects swiping gestures, clicking patterns and sensory data to profile content put out by enterprises. It claims to detect users emotional involvement through the touch interface.
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.
TIBCO Jaspersoft (2001, SF, $43.5M, Acq.) – Provides open source business intelligence software that enables developers to build intelligence into applications through an embedded dashboard and reporting platform. Acquired by TIBCO in April, 2014.
Visualization Tools – Visual Analytics
Domo (2010, American Fork, $621M) – 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 Greylock Partners, Fidelity Investments, Andreessen Horowitz, Salesforce, Morgan Stanley, WPP, Benchmark Capital, Credit Suisse, Founders Fund, Institutional Venture Partners, GGV Capital, Glynn Capital, BlackRock, T. Rowe Price, Transmedia Capital, Bezos Expeditions, Mercato Partners, TPG, Capital Group, Viking Global Investors, BYU Cougar Capital, Zetta Venture and Hummer Winblad Venture Partners.
Tableau (2003, Seattle, IPO) – Provides interactive data exploration through heat maps, pivot tables and geographical maps. It also offers data connectors and integrated in-memory ETL architecture. Went public in 2013.
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 Khosla Ventures, General Catalyst Partners and Lightspeed China Partners.
Visualization Tools – Modeling Language
Looker (2011, Santa Cruz, $96M) – Provides LookML, a query language that enables data modeling faster and easier than SQL. It also offers visualization and embedded analytics. Backed by First Round Capital, Redpoint Ventures, KPCB, Meritech Capital, PivotNorth Capital and Sapphire Ventures.
Visualization Tools – Reporting Tools
iCharts (2008, Sunnyvale, $15M) – Provides standard reporting from Netsuite and Salesforce, web-based apps and structured data sources. Backed by Software AG, and Square 1 Bank.
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. Acquired by SAP in February, 2016.
Data Preparation
Data Preparation – Integration
Snaplogic (2006, San Mateo, $96M) – Provides PaaS integration platform to integrate applications, data, APIs with each other. Backed by Microsoft, Andreessen Horowitz, Ignition Partners, Western Technology Investment, Silver Lake, Triangle Peak Partners, Cervin Ventures, H. Barton Asset Management, Dhillon Capital, Costella Kirsch, Maples Investments and Pharus Capital Management.
Treasure Data (2011, Mountain View, $40M) – Provides cloud-based big data platform for businesses to manage and analyze high-volume, high-velocity, semi-structured data. Backed by AME Cloud Ventures, Sierra Ventures, Scale Venture Partners and Dentsu Digital Holdings.
Data preparation – Data discovery
Alteryx (2010, Irvine, $163M) – Offers advanced BI solutions including predictive forecasting along with ETL and visualization. Backed by Insight Venture Partners, Thomson Reuters, Meritech Capital, Toba Capital, Iconiq Capital and Sapphire Ventures.
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) – Provides data preparation platform that combines human insight with machine learning algorithms to unify and prepare data across data sources for analytics. Backed by NEA, Thomson Reuters, GV, Work-Bench, MassMutual Ventures, Hewlett Packard Ventures and SineWave Ventures.
Advanced Analytics
MicroStrategy (1989, Vienna, IPO) – Provides self-service analytics solutions focused on multi-source analysis, by combining and blending data from multiple structured and unstructured sources. Went public in June, 1998.
Predictive Technologies (1999, Arlington, $154M, Acq.) – Provides cloud-based analytics software that enables enterprises to measure cause-and-effect relationships between business initiatives and outcomes to generate economic value. Acquired by Mastercard in April, 2015.
Advanced Analytics – Web Analytics
Clicktale (2006, Ramat Gan, $53M) – Provides patented Customer Experience Visualization platform for e-businesses to see their customers’ online experience at all levels of detail, from aggregated views to playable videos of users’ browsing sessions. Backed by Viola Group, KKR, Amadeus Capital, YL Ventures, Goldrock Capital and Talis Capital.
ClickFox (2000, Atlanta, $41M) – Provides Customer Experience Analytics (CEA) solutions for businesses to engage customers through a variety of service channels from visiting a website, voice calling and online chat applications to kiosks, retail stores etc. Backed by Morgan Stanley, Ascent Venture Partners, Delta Ventures, Cedar Fund, HTGC and Veritas Venture Partners.
BI Verticals
BI Verticals – Finance and Accounting
Anaplan (2006, SF, $232M) – Provides cloud-based modeling and planning software for companies’ sales, operations and finance teams. Backed by Salesforce, Shasta Ventures, Meritech Capital, DFJ Growth, Coatue, Harmony Partners, Granite Ventures, Workday, Baillie Gifford, Sands Capital, Founders Circle, Founders Circle and Brookside Capital.
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, Bessemer Venture Partners, Norwest Venture Partners, ONSET Ventures, Relay Ventures, JMI Equity Fund, Cardinal Venture Capital, Monitor Ventures, RBC and Information Ventures.
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. Acquired by Neustar in November, 2015.
BI Verticals – Sales
Insidesales (2004, Provo, $199M) – Provides sales forecasting and visualization solution based on Neuralytics, a predictive and prescriptive analytics self-learning engine for lead prioritization and hiring. Backed by Microsoft, Salesforce, KPCB, US Venture Partners, Polaris Partners, EPIC Ventures, Zetta Venture and Hummer Winblad Venture Partners.
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 Adams Street Partners, Foundation Capital and Summit Partners.
BI Verticals – Operation
RetailNext (2007, SJ, $190M) – Provides real-time analytics solution that enables retailers, shopping centres and manufacturers to collect, analyze and visualize in-store data. Backed by Metamorphic Ventures, Qualcomm Ventures, Nokia Growth Partners, StarVest Partners, August Capital, Commerce Ventures, Tyco, Pereg Ventures, EDB, Siguler Guff, Activant Capital and American Express Ventures.
Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
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