AI Driven Analytics Startup Raises $145 Mn Funding
ThoughtSpot, an artificial intelligence driven analytics company announced that it raised $145 million in a funding round led by existing investors.
Investors such as Lightspeed Ventures, Future Fund, Khosla Ventures, and General Catalyst participated in this funding round which witnessed the entry of Sapphire Ventures in the AI firm investors’ team.
The funds raised will serve the purpose of upgrading its analytics capabilities, expanding in newer markets such as EMEA and APAC, improve is R&D activities in its centers based in Palo Alto, Seattle, Dallas and Bangalore.
Since inception in 2012, ThoughtSpot raised a total of $306 million in funding and the company states to have poured over $10 million to operate efficiently in India.
ThoughtSpot also revealed that the $203 b...