- It's Pronounced Data
- Posts
- The Golden Age of Private Data
The Golden Age of Private Data
Anyone want to do a rollup?
Dan Entrup
December 23, 2024
In partnership with
Since last post we’ve seen 8 acquisitions, 10 funding rounds ($10.53B raised - thanks Databricks), 20 people moves & promotions, 1 “Fun With Data”, 12 roles including 4 corp dev ($251K average salary), 4 articles, 1 podcast, 1 partnership, 1 legal matter, 2 newly added upcoming events (one mixes data and skiing), and memes moved to Instagram (I’ll leave one here each week at the bottom - this week it’s a fund’s holiday video).
I’m starting to work with advertisers as it helps fund the creation and maintenance of this newsletter. It is greatly appreciated if you could click their links and check out their offerings. This week is in partnership with Confluence VC.
Get your news where Silicon Valley gets its news 📰
The best investors need the information that matters, fast.
That’s why a lot of them (including investors from a16z, Bessemer, Founders Fund, and Sequoia) trust this free newsletter.
It’s a five minute-read every morning, and it gives readers the information they need ASAP so they can spend less time scrolling and more time doing.
M&A
Allvue Systems acquired PFA Solutions (private equity software). PR
BattleFin acquired Exabel (alternative data analytics platform). PR
DAT Freight & Analytics acquired Trucker Tools (trucking analytics). PR
GlobalData acquired Celent (technology research & advisory). PR
Perplexity acquired Carbon (data connectors for LLMs). PR
Protege acquired Calliope Networks (content licensing for AI). PR
RRD acquired Williams Lea (business support services). PR
*Deals are announced but may not be closed.
Funding
BattleFin (alternative data discovery) raised $4M in a round led by AWC and Jefferies.
Brooklyn Artificial Intelligence Research (custom direct indexing) raised a strategic funding round led by Atypical Ventures.
Databricks (data and AI platform) raised $10B at a $62B valuation in a Series J led by Thrive Capital, Andreessen Horowitz, DST Global, GIC, Insight Partners, and WCM Investment Management.
Double (investing platform) raised $3.9M in a Seed round led by JJ Maxwell.
Embeddable (embedded analytics) raised €6M in a Seed round led by OpenOcean.
Enrich Money (wealth-tech) raised $5M in a Seed round.
Kurrent (event-native data platform) raised $12M in a round led by Crane Venture Partners.
Networks X (expert network) received an investment from Arbor Capital.
Perplexity (AI search engine) raised $500M at a $9B valuation in a round led by IVP.
phData (data and AI services) received an investment from Gryphon Investors.
People Moves, Promotions, and Appointments
Sally Bashuan was promoted to Executive Director, Head of Global Data Governance at Federated Hermes.
Enrico Bruni was promoted to Co-Head of Global Markets at Tradeweb.
Katie Casavant joined Data Quality Co-op as Head of Commercial.
Luis Castellanos joined Daphne as VP of Sales & Partnerships.
Jeff Conway joined the Board of Directors of SimCorp.
Troy Dixon joined Tradeweb as Co-Head of Global Markets.
Barak Eilam joined the Board of Directors of FactSet.
Jonathan Figueroa joined Carbon Arc in Alternative Data / Decision Science.
Juan Gamboa was promoted to CEO at BNamericas.
Chris George joined Astronomer as Principal Sales Engineer.
Chris Gifford joined American Express as SVP, Deputy Chief Data Officer.
Mark Hebert joined OpenYield as MD, Head of Business Development.
Ben McRedmond was promoted to CEO at Equals.
Adam Orchant was promoted to Head of Broker and Investment Resources at Ashler Capital.
Murray Roos joined the Advisory Board of Triple Private Equity.
Ed Socia was promote to Director, North America at datacenterHawk.
Deirdre Thomas joined Dynata as Chief Product Officer.
Eric Wagner was promoted to Director of Research and Data at Felicis.
Danny West was promoted to Deputy General Counsel at Two Sigma.
Jake Wolff joined Q4 as Chief Revenue Officer.
Fun With Data
Day by Data is a new app from Pete Cybriwsky that transforms your everyday data into beautiful visualizations and personalized art pieces, making each moment a story worth sharing. I looked into my step data and created the fun visuals above. This also let me know that I’m just shy of 10,000 steps/day average, so if anyone wants to go for an insanely long walk over the next few days, let me know! For more info on the launch, check out Pete’s Substack article here: Launch of Day by Data.
Who’s Hiring
powered by
I’m now using the Getro platform for the It’s Pronounced Data job board. I’ll be curating the roles which can now be found on this awesome platform for cross-company job posts. 500+ VCs use Getro to make opportunities visible in their networks. If you’re in PE/VC (I’m looking at you platform teams) or at a Professional Network, be sure to check out Getro. Let me know if you’d like an intro to the team.
Job of the Week (Decade) - The Snack That Smiles Back
The Campbell’s Company is hiring a Director, North America Goldfish Strategy ($169K - $243K)
Highlighted Corporate Development roles
Anthropic is hiring a Head of Capital Markets & Corporate Development ($500K).
FactSet is hiring a Head of Corporate Development ($220K - $245K).
LSEG is hiring a Manager, Group Corporate Development ($133K - $248K).
Two Sigma is hiring a Strategy & Corporate Development Associate ($125K - $175K).
Other data roles and roles at data companies
Anthropic is hiring a Head of Business Development ($360K - $475K) and a Data Operations Manager ($220K - $365K).
Capital Allocators is hiring a Head of Business Development.
CBOE is hiring a Product Manager, Market Data & Access Services ($96K - $158K).
ipushpull is hiring a Senior Sales Executive.
Mastercard is hiring a Director, Product Management, Data & Services ($114K - $190K).
Verana Health is hiring a Senior Director, Data and Science ($245K - $275K) and a Senior Data Product Manager ($152K - $190K).
*salaries only listed where provided by the company. See links for specific salary details.
What I’m Reading
What I’m Listening To
Legal, Regulatory & Compliance
*Nothing in this section should be construed as an opinion of the author. This is just to highlight news and articles related to data privacy, legal, regulatory, and compliance matters.
Partnership Corner
Special Event
Experience the ultimate data immersion in the breathtaking Austrian Alps at the Zell am See Winter Data Conference! Organized by LEIT DATA, this event combines a data conference with alpine fun.
Upcoming Events
*new events added since last newsletter
*Alternative Data Happy Hour, January 8, NYC
Data-Driven VC Hackathon, January 15, Paris
BattleFin Discovery Day, January 22-24, Miami
FISD New York, February 6, NYC
Eagle Alpha Alternative Data Conference, February 12, NYC
*Winter Data Conference, March 7, Zell am See, Austria
IIEX North America, April 30 - May 1, Washington D.C.
World of DaaS Summit, May 8, Washington D.C.
KIMRA: Knowledge & Information Management, Research & Analysis, June 4, London
Data Disrupt, June 4-5 2025, NYC
Views here are the author’s own and not of any employers or companies. The author may be compensated for pieces in this newsletter.