Opposite of Artificial Intelligence

Since last post we’ve seen 4 acquisitions, 14 fundraising rounds, 11 people moves & promotions, 6 articles, 6 roles, 4 newly added upcoming events, and some Formula 1.

M&A

• Capstack acquired Edge Tradeworks (loan trading).

• Census acquired Fulcrum (AI-driven customer segmentation).

• Infor acquired Albanero (data mesh).

• Samsung Electronics acquired Oxford Semantic Technologies (knowledge graphs).

*Deals are announced but may not be closed.

Market Map Monday

Oh, it’s ready…but are you? Market Map drop is this coming Monday (July 22nd) for It’s Pronounced Data paid subscribers. Are you in? Now is the time to take advantage of the 7-day free trial (and conveniently forget to cancel).

Fundraising

• Aarcee.ai (custom language models) raised $24M in a Series A led by Emergence capital.

• Binarii Labs (data security) raised €400K from Enterprise Ireland.

• CTERA (cloud data platform) raised $80M in a Growth round from PSG Equity.

• DataCore (data storage and management) raised $60M in a round led by Vistara Growth.

• Exa (AI search) raised $22M in a Series A led by Lightspeed Venture Partners.

• F1® Arcade (do you even have to ask?) raised $130M in a growth round from Cheyne Capital, Liberty Media, Permira Credit, and OakNorth

• Instinct Digital (asset management reporting) raised £5M in a Series A led by AlbionVC.

• Lemon.markets (investing infrastructure) raised €12M in a round led by CommerzVentures.

• Momento (real-time data infrastructure) raised $15M in a Series A led by Bain Capital Ventures.

• One Data (data product builder) raised €32M in a Series B Extension.

• Partior (blockchain settlement and fintech services) raised $60M in a Series B led by Peak XV Partners.

• Soda (data quality) raised $14M.

• Tread.fi (digital assets algorithmic trading) raised $3.5M in a Pre-Seed round led by New Form Capital.

• Xapien (due diligence) raised £8M in a Series A led by YFM Equity Partners.

People Moves, Promotions, and Appointments

Powered in partnership with Live Data Technologies. Who else is changing jobs? Get the latest data for the companies that matter most to you for free: http://www.livedatatechnologies.com/trial

• Paula Bacariza Perez joined The Trade Desk as EMEA GM, Data & Strategy.

• Matthew Harrell joined Dataminr as Chief Partner Officer.

• Mike Kates joined QuantifyAI as Chief Research Officer.

• Keith Kilpatrick joined Dataplor as Chief Product Officer.

• Carl Koussan-Price joined ZoomInfo as SVP of Marketing.

• Brad LaScolea joined Enterprise Technology Research (ETR) as CEO.

• Jason Lichtenstein joined Vortexa as Sales Director.

• Laura Pavlenko Lutton was promoted to Head of Manager Research at Morningstar.

• Phil Rosengren joined Corbin Advisors as Director, Research.

• Lauren Wetzel was promoted to CEO at InfoSum.

• Blake Wood joined Envestnet as Head of Platform Strategy.

What I’m Reading

• Everyone Is Judging AI by These Tests. But Experts Say They’re Close to Meaningless by Jon Keegan.

• To outwit existential GTM threats, invert your thinking by Kevin Berardinelli.

• Experts vs. Imitators by Shane Parrish. Thank you Justin Hunter for the find.

• New AI tools aim to save Wall Street research analysts time by Penny Crosman.

• From raw data to real profits: A primer for building a thriving data business by McKinsey.

• Exabel US Consumer Sector Report featuring data from Apptopia, Datos, Facteus, Flywheel, Placer, and Revelio.

Something New

Off To The Races is a new travel provider curating all-inclusive F1 weekends that highlight the host city through local gastronomy, cultural experiences, and wellness classes. All of the activities are group-based and are geared toward female fans (husbands, partners, etc. can attend as well). The company was founded by Alexandra Zigrang, who has extensive global experience in VIP experiences and the art world. Check out their website, give them a follow on Instagram, and if interested in attending an upcoming Grand Prix, OTTR is offering a discount to It’s Pronounced Data subscribers. Contact [email protected]. There are a few spots left for the upcoming Dutch GP (Zandvoort) and Mexican GP (Mexico City).

Who’s Hiring

• F-Prime is hiring a Associate, Tech Team.

• HubSpot is hiring a Director, HubSpot Ventures ($192K - $307K).

• Interviewer is hiring a Founding Engineer ($170K - $200K).

• Microsoft is hiring a Chief Data Officer, Americas.

• Soros Fund Management is hiring a Chief Data Officer ($200K - $300K).

• Valkyrie Intelligence is hiring a Enterprise Account Executive ($100K - $270K).

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

Upcoming Events

*new events added since last newsletter

• *Alternative Data Happy Hour, July 23, NYC

• Low Key Data Happy Hour - Westchester, July 26, Westchester NY

• FISD World Financial Information Conference, September 15-18, Austin

• Boston Fintech Week, September 16-20, Boston

• *Neudata San Francisco Data Summit, September 26, San Francisco

• Open Source Data Summit, October 2, Virtual

• Eagle Alpha UNBOUND Alternative Data Conference, October 9, NYC

• *Web Data Extract Summit, October 9-10, Austin

• BattleFin Corporate Discovery Day, October 15-16, Chicago

• StockTwits Stocktoberfest, October 20-22, Coronado, CA

• *Neudata Paris Data Day for Investors, October 30, Paris

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