ThoughtSpot raises $10.7 million

Posted Feb 5, 2014

ThoughtSpot is a startup that has raised $10.7 million in funding. Lightspeed Venture Partners led this round of funding. Other investors that have participated in this round include ServiceNow CEO Frank Slootman, ZScaler COO Lane Bess, Splunk CMO Steve Sommer, and Nutanix VP of worldwide sales Sudheesh Nair.

ThoughtSpot is a company that offers a hardware box that runs business intelligence applications. Once a company plugs into ThoughtSpot, employees can ask questions from the data that is wired without writing code. The employees can type words into the search box and the program displays data visualizations in response.

ThoughtSpot launched in 2012 and is based in Redwood City, California. The company has 25 employees, including one of the first engineers to work on the Bing search engine. The company has seven co-founders and over half of them came from Google.

[Source: VentureBeat]