Enterprise information intelligence platform Alation acquired Numbers Station to assist offer its clients access to AI agents that run on top of their structured data.Terms of the deal were not revealed.
Numbers Station, which develops AI-native data applications, is a Series A-stage startup thats raised more than $17 million in venture capital from firms consisting of Norwest Venture Partners, Madrona and Factory, among others.Alation strategies to incorporate Numbers Stations products into its own as quickly as completion of this quarter, Alation co-founder and CEO Satyen Sangani informed A Technology NewsRoom.One of the things that offered us a lot of self-confidence is the [companies] are architected in such a basically complementary way that we could get the combination done really quick, he said.Data and understanding usage is progressively occurring through large language designs, Sangani stated, however the reality that LLMs are prone to hallucinate means that enterprise havent yet been able to meaningfully embrace AI data tools.
Sangani stated that his business next stage of data management needed to include a translation layer that sits in between the LLMs and an enterprises data.Numbers Station was a natural option to supply that layer, Sangani said, because it currently constructs AI agents that deal with structured information.
The truth that Venky Ganti, a previous co-founder at Alation, worked at Numbers Station for a handful of years didnt hurt, either.
[The] ability to essentially make LLMs have the capability to talk to the core databases that fuel and run the enterprise, we think is essentially the problem to solve to make LLMs scale within the business, Sangani said.Alation started to construct its own AI agents in 2015, Sangani stated, including one for information quality and one for paperwork that the business anticipates to launch this quarter.
However getting a company like Numbers Station permits Alation to provide workflow automations faster.What we offer is all of the metadata and all the context around the data and this huge, gnarly library of ports and all of this business knowledge, Sangani said.
And what they offer is the capability to bring these LLMs, and take their innovative innovations, and run on that data.Alation was founded in 2012 and currently deals with more than 600 enterprise customers consisting of Nasdaq, Hertz, and Samsung, to name a few.
The business has actually raised more than $300 million in venture financing from companies including General Catalyst, Andreessen Horowitz, and Sapphire Ventures.
The business was last valued at $1.7 billion in 2022.