INSUBCONTINENT EXCLUSIVE:
ThoughtSpot was started by a bunch of ex-Googlers looking to bring the power of search to data
Seven years later the company is growing fast, sporting a fat valuation of almost $2 billion and looking ahead to a possible IPO
late-stage growth capital fund, along with existing investors Lightspeed Venture Partners, Sapphire Ventures and Geodesic Capital
analysis by answering natural language questions about the data without having to understand how to formulate a SQL query
As a person enters questions, ThoughtSpot translates that question into SQL, then displays a chart with data related to the question, all
It also uses artificial intelligence to understand intent to help come up the exact correct answer
ThoughtSpot CEO Sudheesh Nair says that this artificial intelligence underpinning is key to the product
high and because of that, understanding intent is critical
needs to know that we both are asking the same question
by connecting to a variety of internal systems, like HR, CRM and ERP, and uses all of this data to answer the question, as best it can
So far, it appears to be working
need the money, with $100 million still in the bank, but he saw an opportunity, and he seized it
He says the money gives him a great deal of flexibility moving forward, including the possibility of acquiring companies to fill in missing
It also will allow him to accelerate growth
Plus, he sees the capital markets possibly tightening next year and he wanted to strike while the opportunity was in front of him.Nair
definitely sees the company going public at some point
I do think that a company like this will benefit from going public because Global 2000 kind of customers, where we have our most of our
actually have all options open, including a direct listing, potentially
