The Limit Does Not Exist

Missed posting last week as I’ve been on the road (see About Last Night section below). Thank you to those who reached out concerned, I’m okay! Since last post we’ve seen 12 acquisitions, 16 funding rounds ($460.7M raised), 23 people moves & promotions, 8 roles ($176K average salary), 5 articles, 3 podcasts, 1 new company, and 4 newly added upcoming events.

About Last Night (well, about the last two weeks)

• Restecher Capital Markets Day. Great to see so many friends, see some in person I’ve only ever met virtually (shoutout JD Deitch and Tariq Mirza), and meet many new contacts across the market research industry. Thank you Sima Vasa and Patrick Comer for hosting an awesome event. Be sure to check out the Restecher Market Map (I know this audience LOVES a good market map and I swear I’ll release the data one soon).

• Stocktwits Cashtag Awards. Great to see Jordan Hauer, Ed Lavery, Michiel Maaskant, Ted Merz, Matt Ober, many buy-siders (you know who you are).

• Miami Grand Prix. Interested in having an awesome itinerary for a future race? Check out Off To The Races.

• World of DaaS Summit. Need a separate recap for this one.

My meeting schedule from last week looks like an F1 calendar. Spoke with folks in Amsterdam, Berlin, Dubai, Jerusalem, Lahore, London, Melbourne, Singapore, and Tel Aviv, plus too many US cities to keep track. I love to global nature of business and learning about where each person lives.

Now on to the regularly scheduled programming…

M&A

• Datadog acquired Eppo (data experimentation) for $220M.

• Datasharp acquired Infobel (location data).

• Datatonic acquired Syntio (data engineering).

• FE fundinfo acquired Lunar AI (AI for finance).

• Fivetran acquired Census (reverse ETL).

• Hex acquired Hashboard (business intelligence).

• Inveniam acquired Tractiv (secure data sharing and tracing).

• KPMG acquired the technology and IP of Metaphor (data mesh and catalog).

• Revelio Labs acquired Salary Board (compensation data).

• ServiceNow acquired data.world (data catalog).

• TA Associates acquired FD Technologies (data analytics) for £570M.

• Triple Private Equity acquired Legal Benchmarking Group (law firm data and insights) from Delinian.

*Deals are announced but may not be closed.

Funding

• 15Rock (AI-powered decision intelligence) received an investment from Malar Group.

• Astronomer (DataOps platform) raised $93M in a Series D led by Bain Capital Ventures.

• Atlas Data Storage (DNA data storage) raised $155M in a Seed round.

• Basil Systems (life sciences product lifecycle intelligence) raised $11.5M in a round led by Golden Ventures.

• Carta Healthcare (AI-powered clinical data abstraction) raised $18.25M in a Series B led by UPMC Enterprises.

• Ceto (maritime analytics) raised $4.8M in a round led by Dynamo Ventures.

• GoQuant (digital asset trading infrastructure) raised $4M in a Seed round led by GSR.

• Llamaindex (AI knowledge assistants) received an investment from Databricks and KPMG.

• Lovelace (data fusion & advanced analytics) raised a Seed round led by RRE Ventures.

• Oxford Data Plan (data platform and KPIs) raised a Series A led by Smedvig Ventures.

• Qlik (data integration and analytics) received an investment from Thoma Bravo and Abu Dhabi Investment Authority (ADIA).

• Ravio (compensation data) raised $12M in a Series A led by Spark Capital.

• Rogo (AI for financial professionals) raised $50M in a Series B led by Thrive Capital.

• Statsig (data-driven product development) raised $100M at a $1.1B valuation in Series C led by ICONIQ Growth.

• Structify (data structuring) raised $4.1M in a Seed round led by Bain Capital Ventures.

• Terminal 3 (data privacy and identity protocol) raised $8M in a Seed round led by Illuminate Financial and CMCC Titan Fund.

People Moves, Promotions, and Appointments

• Jonathan Blanton was promoted to VP, Strategic Accounts and Partnerships at Emporia Research.

• Todd Braverman joined Ampersand as Chief Revenue Officer.

• Adi Davidov was promoted to Director of Strategic Data Partnerships at Similarweb.

• Chiraag Deora joined Greycroft as Principal focused on investments in AI, data infrastructure, developer tools, and security.

• James Ede joined Filament Syfter as Head of Client Services.

• Nazlı Ertörer was promoted to Director of Customer Success at Enquire AI.

• Leon Flek joined streamOS as Head of Commercial.

• Sherrie Han joined BlueFire AI as COO.

• Kate Higgins joined Claira as Sales Director.

• Amanda Keller-Grill was promoted to SVP, Global Quality and Research Excellence at InnovateMR.

• Mike MacLeod joined BioBrain Insights as Senior Sales Director.

• Susan Morgan joined Centaur Labs as VP, Head of Sales.

• Thomas O’Connor joined BCA Research as VP of Sales.

• Brian O’Hara joined UserCue as Chief of Staff.

• Alex Papanicolaou joined ORSNN as Principal AI Scientist & Engineer.

• Jonathan Reeve was promoted to Chief Product Officer at BetaNXT.

• Alex Romano joined Portable as Head of Platform.

• Dmitri Sedov joined Allvue Systems as Chief Data & Analytics Officer.

• Lynsey Showman joined Adience as Head of Growth.

• Kenneth Tsuji was promoted to Principal Data Scientist at J2 Health.

• Jeff Tyler joined JPMorganChase as Director of AI Product Management - LLMs / GenAI - CDAO.

• Bill Wildi was promoted to CTO at Oxford Data Plan.

• Kyle Zasky joined VRGL as CEO.

• Big moves at Dig Insights.

New Company Alert

Covo Intelligence is a new firm with multiple data and intelligence offerings. The company’s work spans brand positioning, message testing, brand protection, audience and employee intelligence, predictive trend spotting, and performance measurement. Covo is founded by Colby Vogt, prior EVP, Insights, Data + Intelligence at Burson, EVP, US Head of Data & Analytics at Hill & Knowlton,

Who’s Hiring

Check out the It’s Pronounced Data job board for full listings. This week’s additions are below.

• Cleveland Clinic is hiring a Executive Director – Data Strategy and Governance.

• Databricks is hiring a Director, FSI Partner Development Manager, Product Partnerships ($134K - $205K).

• Dow Jones is hiring a Chief of Staff ($220K - $270K).

• Envestnet Yodlee is hiring a Data Acquisition and Partnerships Director ($145K - $180K).

• Formedics is hiring a VP of Data and Analytics.

• Genesis Computing is hiring a Sales Director.

• Guidepoint is hiring a Senior Director of Quantitative Research, Qsight ($175K - $250K).

• Postsig is hiring a Account Executive ($75K - $105K).

*salaries only listed where provided by the company and may vary based on location and other factors. See links for specific salary details.

The Week Ahead

What I’m Reading

• AI Can Make Mistakes - Why Are We Okay With That? by Freeman Lewin.

• The Real Reason Corporate Innovation Fails (And What to Do About It) by Barry Hurewitz.

• The Birth of the Data Grid, And the Death of Knowledge Arbitrage by Scott Hamilton.

• How to Get Proactive About Data Quality by Kinda El Maarry and Thomas Redman.

• Stop Playing Small: How besieged Insights, Research, and Intelligence pros can exit the death spiral by Adil Husain. h/t Keith Bossey for the share.

What I’m Listening To

• Investor Relations as a Strategic Weapon: A Masterclass featuring Jon Neitzell in discussion with CJ Gustafson.

• Unlocking liquidity in VC the old fashioned way featuring Will Quist in discussion with Moses Sternstein.

• The Joe Reis Show - Web Scraping Explained featuring Sarah McKenna.

Upcoming Events

*new events added since last newsletter

• GLG Alumni Reunion, May 13, NYC

• *Low-Key Data Happy Hour, May 14, NYC

• Private Equity Forum, May 14, NYC

• Sohn Investment Conference, May 14, NYC

• BattleFin Alternative Data Experience at Sohn, May 14, NYC

• Spatial Data Science Conference, May 15, London

• FactSet Developer Days, May 15, Virtual

• FISD Alternative Data Council, May 21, NYC

• FISD New York, May 22, NYC

• FISD AsiaFIC, May 28-30, Singapore

• KIMRA: Knowledge & Information Management, Research & Analysis, Jun 4, London

• BattleFin Discovery Day, Jun 10-11, NYC

• *DataSpace Summer Party, Jun 11, London

• *Unbundling Uncovered, Jun 12, NYC

• Data Management Summit, Sep 18, NYC

• *The 21st Quantitative Finance Conference, Sep 24-26, Palermo, Italy

• Web Data Extract Summit, Sep 24-25, Austin, TX

• Women in Research (WIRe) Executive Leadership Summit, Oct 20-23, Dubrovnik, Croatia.

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