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It's me, hi...
I'm the problem, it's me
M&A
Progress acquired MarkLogic.
Qlik acquired Talend.
Solactive acquired Minerva Analytics.
*transactions have been announced but may not be closed
Fundraising
Capella Space (satellite imagery) raised $60M from the U.S. Innovative Technology Fund.
Chaos Genius (data observability) raised $3.3M in a Seed round led by Elevation Capital.
Chronosphere (observability) raised $115M in a Series C extension from GV and Geodesic Capital.
Consumer Edge (consumer insights) raised $60M in equity funding from CoVenture.
Endicott Capital made a strategic investment in CFRA (investment research and forensic accounting).
Metaplane (data observability) raised $8.4M in a Seed round led by Khosla Ventures.
Seek AI (generative AI) raised $7.5M in a Seed round led by Conviction Partners and Battery Ventures.
TMX Group made a strategic investment in VettaFi (ETFs and indexes), acquiring 21% of the common equity of VettaFi for $175M.
People Moves, Promotions, and Appointments
Carsten Brinkmann joined Amazon Web Services (AWS) as Senior Business Development Manager, Private Equity.
Tori Bynon joined Bain & Company as Manager, Bain Advisor Network Operations.
Keith Cacciola joined Sterling Trading Tech as Chief Customer Officer.
Peter Dorsey joined Bobsled as Senior Solutions Engineer.
David Feldman joined Egon Zehnder as US Expert Leader.
Johanna Grossman was promoted to Head of Healthcare & Life Science Capital Markets at NYSE.
Geoff Hammond was promoted to Head of Market Data at London Stock Exchange Group (LSEG).
Michael LaBrosse joined Balyasny Asset Management as Manager, Data Support & PM Success.
Rob Laible joined BMLL as Head of Americas.
Andrew Licini was promoted to Vice President, Sales & Service at ETR (Enterprise Technology Research).
Matt Mezzancello was promoted to Head of Sales Performance & Rewards at S&P Global.
Hap Oakley joined Optima Partners Compliance Advisory as Global Head of Sales.
Stephen Prosperi was promoted to Executive Director, Innovation Strategy & Digital Assets at The Depository Trust & Clearing Corporation (DTCC).
Michael Rhodes joined Snowflake as Principal, Snowflake Marketplace.
Eva Schuckel was promoted to VP, Head of Brand, Communications & Partnerships at Preqin.
Richard Yonkers was promoted to Chief Revenue Officer at data.world.
*New Firm Alert*: Garrett Levey and Bill Kloza launched Blue Ladder Capital with a focus on acquiring and growing industry-specific B2B software companies. www.blueladdercap.com
Who’s Hiring
Canoe Intelligence is hiring a Director of Product Management - Data Products.
Capital One (financial services) is hiring a Director, Product Management - Enterprise Data Insights, Machine Learning Services.
DeepBench (expert-based research) is hiring a COO.
Groopit (crowdsolving) is hiring a Head of Marketing.
Two Sigma (investment firm) is hiring a Vice President, Strategy and Corporate Development.
What I’m Reading
Banks vs. Fintechs: Why all the billions in the world can't help Wall Street crush its digital rivals by Bianca Chan and Reed Alexander in Insider.
Why Financial Services Organizations Are Racing to Automate Their Analytics and Reporting by Jonathan Louey at Redbird.
The digital revolution is coming for private-equity firms, and it'll change the way dealmaking is done by Dan DeFrancesco in Insider.
Modern Data Stack Explained: Use Cases & Components (2023) by Ethan Aaron at Portable.
What I’m Listening To
Banking on Innovation, a podcast from Personetics Technologies.
Hans Morris, Managing Partner of NYCA Partners (January, 2023)
Erin Pryor, EVP and Chief Marketing Officer at First Horizon (December, 2022)
Ankit Bhatt, EVP Consumer Chief Digital Officer at US Bank (November, 2022)