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M&A
Endeavor Business Media acquired IMR (automotive market research).
OneMagnify acquired RXA (business data analytics and AI) and Splash Analytics (analytics and predictive modeling).
*transactions have been announced but may not be closed
Fundraising
Adarga (information intelligence platform) raised $20M in a round led by BOKA Group.
Groopit (enterprise crowdsourced insights) raised $3.5M in a Seed round led by WestRiver Group.
Union.ai (AI and data products platform) raised $19.1M in a Series A from NEA and Nava Ventures.
Virtualitics (data exploration) received a strategic investment from Citi.
Visual Layer (visual data management) raised $7M in a Seed round led by Madrona and Insight Partners.
People Moves, Promotions, and Appointments
Joshua Benig joined Insights Driven Research (IDR) as Head of Corporate Business Development.
Adam Bhatti joined ISS Corporate Solutions in Strategic Accounts.
Trevor Chisholm joined Allvue Systems as Global Head of Sales, Enterprise Equity.
Matthew Hoza was promoted to Head of European Energy Markets at FactSet.
Ashfaq Mohiuddin joined HubSpot as Global Vice President, Data & Systems.
Jeremy Payne joined Hazeltree as Chief Product Officer.
Jonathan Regenstein joined Snowflake as Head of Financial Services Data Science.
Robert Savage joined BNY Mellon as Head of Markets Strategy and Insights.
Amanda Whyte joined Tegus as Director, EMEA Operations..
Fresh Branding
Creditntell, F&D, ARMS, AggData, Retail Openings & Closings, Real Estate Intelligence, and MTN united their brands under a new company name, RetailStat. retailstat.com
Who’s Hiring
Adobe is hiring a Director, AI Data Platform.
NYSE is hiring a Sector Lead, Healthcare and Life Sciences Capital Markets.
Schonfeld is hiring a Director of Market Data, APAC.
What I’m reading
Third-Party Data Is Now First-Class by Adrian Bridgwater in Forbes.
What I’m Listening To
Upcoming Events
*new events added since last newsletter
*Amass Insights - Alternative Data Happy Hour - May 31, NYC
Neudata New York Summer Data Summit - June 1, NYC
Low-Key Data Happy Hour - June 1, NYC
Datatechvibe Velocity Data and Analytics Summit - June 5-7, Dubai
Eagle Alpha UNBOUND New York - June 6, NYC
FISD Alternative Data Council: Expert Networks Panel and Networking - June 7, NYC
FISD London - June 13, London
Substantive Research Unbundling Uncovered - June 14, NYC
FinTech Connect North America - June 27, NYC