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ThoughtSpot Offers Google-Like Enterprise Search
ThoughtSpot Offers Google-Like Enterprise Search

By Jennifer LeClaire
February 5, 2014 12:32PM

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Without being able to see and test the ThoughtSpot Data Search Appliance, it's impossible to assess how much the reality lives up to the claim. But if ThoughtSpot can deliver on its promise to reinvent how BI is done, something like the ThoughtSpot Data Search Appliance would be extremely useful for enterprises, said analyst Greg Sterling.
 


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VCs Betting on Data Search

Venture capitalists are buying into the promise. ThoughtSpot has raised $10.7 million in Series A funding from Lightspeed Venture Partners and angel investors Frank Slootman (president and CEO of ServiceNow and ex-CEO of Data Domain), Lane Bess (COO of ZScaler and ex-CEO of Palo Alto Networks), Steve Sommer (CMO of Splunk), and Sudheesh Nair (VP WW sales of Nutanix). ThoughtSpot is also advised by a team of data analytics experts from companies such as Facebook, Informatica, and Netezza/IBM.

"There is a huge opportunity to consumerize business data access by replacing BI tools from decades ago with an intuitive, web-search like experience," said Ravi Mhatre, partner at Lightspeed Venture Partners. Singh, Prakash, Ravi Mhatre, Arif Janmohamed, a partner at Lightspeed Venture Partners, along with Frank Slootman, a board observer, make up the board of directors.

The founding team has a strong track record of building revolutionary companies and technologies. Singh is a second-time entrepreneur who previously co-founded Nutanix, one of the fastest-growing enterprise technology companies of the last decade that was recently valued at $1 billion. Prakash was a founding engineer of Microsoft's Bing team, then spent five years leading technical teams in Google's AdSense Analytics group. Other co-founders include technical leaders who have made significant contributions to technology such as Google's Search Index, Google's Project Borg, Google's Ads Database, Microsoft's SQL Server, and Oracle's BI-in-the-cloud.

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