Bro, do you even r squared?

Since last post we’ve seen 1 acquisition, 13 fundraising rounds, 17 people moves & promotions, 5 roles, 3 articles, and 1 podcast.

M&A

• Alicorn Venture Partners acquired Glassbox (customer intelligence) for $150M in a take-private deal.

*Deals are announced but may not be closed.

Fundraising

• Artemis (data preparation) raised $1.5M in a Pre-Seed round led by Raven Indigenous Capital Partners.

• Atropos Health (clinical data) raised $33M in a Series B led by Valtruis.

• Coactive (image and video data) raised $30M at a $200M valuation in a Series B led by Emerson Collective and Cherryrock Capital.

• Easy Metrics (labor analytics) received a $31M investment from Nexa Equity.

• Hydrolix (streaming data lake) raised $35M in a Series B led by S3 Ventures.

• Ketos (water intelligence) raised $10M in a round led by Tenfore Holdings.

• Novata (ESG data) raised a round from Hamilton Lane, S&P Global, and Motive Ventures.

• Omni (business intelligence platform) received an investment from Snowflake Ventures.

• RootNote (creator and athlete data) raised $1.5M in a Pre-Seed round led by Elevate Ventures.

• Scale (data labeling) raised $1B at a $13.8B valuation in a Series F led by Accel.

• Velotix (data security) received an investment from Barclays and Capri Ventures.

• WeatherXM (weather data collection) raised $7.7M in a Series A led by Lightspeed Faction.

• XponentL Data (data products and AI consulting) received a strategic investment from Databricks Ventures

People Moves, Promotions, and Appointments

Powered in partnership with Live Data Technologies

• Dan Alpert joined PeerDB as Head of Sales.

• Joanna Burton joined Lockr as an Advisor.

• Ian Cook joined Sixfold as Head of AI.

• Rob Diefendorf was promoted to President & COO at PitchBook.

• Ken Fine joined Affinity.co as CEO.

• Clément Le Bon joined Deephaven Data Labs as VP of Sales.

• Kendall Lovett joined DataGrail as Director of Product Marketing.

• Matt Lowerre joined DataForce as Director of Business Development, AI.

• Julie Martin joined Haptiq as Senior Product Manager.

• Maribeth Martorana joined Spatial Risk Systems as a Strategic Advisor.

• Christopher McSpiritt joined Domino Data Lab as VP, Life Sciences Strategy.

• Sonali Mishra joined Neeman Global Capital as Chief Knowledge Officer.

• Ali-Milan Nekmouche was promoted to Head of AI & Machine Learning at Two Sigma Investments.

• Tony Peck joined Bigeye as VP of Customer Success.

• Claudia López Pedreño was promoted to MD & COO at Atheneum.

• Matt Rafalski joined Velox as Head of Sales, North America.

• Partha Sengupta joined Nielsen as Managing Director and India Global Capability Centers Leader.

Who’s Hiring

• Bissell is hiring a Director, Data Strategy & Analytics.

• Blackstone is hiring a Lead Data Engineer, SVP - Cloud & Platforms Engineering ($225K - $275K).

• Green Street is hiring a Director, Data Acquisition and Partnerships ($160K - $175K).

• JPMorgan Chase is hiring a Market Data Strategy, VP ($112K - $170K).

• Velir is hiring a Senior Account Director, Financial Services ($115K - $130K).

*salaries only listed where provided by the company. See links for specific salary details.

What I’m Reading

• Publishers Striking AI Deals Are Making a Fatal Error by Jessica Lessin in The Atlantic.

• The Promise and Peril of Synthetic Data by Andrea Valentino in Tech Monitor.

• VC Network Operations: The Secret to Scaling Relationships and Driving Returns by Cory Bolotsky.

What I’m Listening To

• World of DaaS Podcast episode featuring Anand Sanwal of CB Insights in discussion with Auren Hoffman.

Upcoming Events

*new events added since last newsletter

• Asia Financial Information Conference (AsiaFIC), May 28-29, Singapore

• Placer.ai's Geolocation Data on Exabel, May 30, Virtual

• Low-Key Data Happy Hour Sponsored by Portable, Metaplane, RudderStack, and Keboola, June 3, San Francisco

• Neudata Summer Data Summit, June 4, NYC

• SuperReturn International, June 4-7, Berlin

• Alternative Data Happy Hour, June 5, NYC

• FISD New York, June 6, NYC

• Women at the Forefront of Financial Services Innovation, June 10, Boston

• Substantive Research - Unbundling Uncovered, June 13, NYC

• Vertical AI Summit, June 13, NYC

• TWIF x Silicon Valley Bank Happy Hour, June 20, Boston

• Knowledge & Information Management, Research & Analysis (KIMRA) - Generative AI Conference, July 3, London

• The Quirk’s Event, July 17-18, NYC

• Boston Fintech Week, September 16-20, Boston

Views here are the author’s own and not of any employers or companies. The author may be compensated for pieces in this newsletter.