ThoughtSpot, which is kind of Google for data analysis within a business, has raised $50 million in Series C round of funding, because its technology is pretty damn cool.
Business intelligence is tricky, time-consuming, and historically has required some genius analyst crunching numbers while lay-people for whom datasets and spreadsheets are the devil incarnate wait around for a message from the data mountaintop.
It sounds easy, and it looks easy, but running search queries across different kinds of structured data sets is no picnic.
And the analytics teams of the future will no longer be report factories, said Ajeet Singh, co-founder and CEO of ThoughtSpot.
We ve seen how ThoughtSpot is closing that ease-of-use gap for customers and believe it s fast, intuitive, search-driven analytics is poised to become the new standard for data access.
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