Alation

Last updated
Alation
Company type Private
Industry Computer software
Founded2012
FounderSatyen Sangani, Aaron Kalb, Feng Niu, and Venky Ganti
Headquarters
Redwood City, California
Key people
Satyen Sangani (CEO and co-founder)
Aaron Kalb (Chief Data & Analytics Officer and co-founder)
Number of employees
>700
Website www.alation.com

Alation is an enterprise software company based in Silicon Valley.

Contents

Alation Data Catalog is a data catalog that serves enterprises in organizing and consolidating their data. Alation launched its data catalog as their first product in 2015 to give data consumers an easy way to search for enterprise data with natural language. [1]

History

Alation was founded in 2012 by Satyen Sangani, Aaron Kalb, Feng Nui, and Venky Ganti. [2] Alation grew out of different ideas aimed at solving the same question: How do you connect workers with questions to colleagues with answers? [3]

Alation co-founders Satyen Sangani and Aaron Kalb arrived at the solution from two different perspectives. Sangani had a background in economics and had worked as an executive at Oracle. [4] He knew data users in large companies struggled to find and trust data; he theorized that machine learning could be used to help them. Kalb had experience in symbolic systems and had worked on Siri at Apple. [5] [6] He thought crowdsourcing could be used to solve the challenge. In 2012, the team combined those two ideas to create Alation.

Its first solution, a data querying system powered by natural language processing, helped define the modern data catalog. [7] [8] The tool was designed to catalog data in an organization and make that data more accessible to more people. [9] This concept is generally termed data democratization. [10] [11]

As the company improved the solution, it eased the building of complex queries with collaboration features, enabled data catalog efforts, and integrated with different data and related technology products, such as Snowflake, Tableau, Databricks, and others. [12] [13] [14] [15]

As of early 2021, the company had more than 250 customers, [16] [17] including AbbVie, American Family Insurance, Autozone, Cisco, Exelon, Finnair, Munich Re, New Balance, Pfizer, Scandinavian Airlines, and U.S. Foods. [18] [19] By October 2021, the company had increased that number to around 300 customers, [20] adding GE Aviation, NASDAQ, and Regeneron, among others. [21]

In October 2021, Alation acquired Lyngo Analytics, a data insights company which develops software to help users find insights by asking questions in simple business terms. The acquisition is intended to deepen Alation’s ability to convert natural language questions from non-technical users into SQL queries.

In January 2022, Alation launched the “Data Radicals” podcast [22] hosted by the company’s CEO and co-founder, Satyen Sangani. The show is designed to help business, data, and technology enthusiasts use data in powerful ways. Guests have included Stan McChrystal, retired U.S. Army General and former commander of Joint Special Operations Command in Iraq; Wendy Turner-Williams, Chief Data Officer, Tableau; Amir Efrati, co-founder and executive editor, The Information; David Epstein, TED-talker and bestselling author of “RANGE” and “The Sports Gene;” Bob Seiner, president and principal, KIK Consulting; Jennifer Belissent, principal data strategist, Snowflake; Paola Saibene, former CTO for the State of Hawaii; Cole Nussbaumer Knaflic, founder and CEO, storytelling with data; and Caroline Carruthers, CEO of Carruthers and Jackson and co-author of “The Chief Data Officer’s Playbook.” [23]

In September 2022, Alation announced that it had achieved $100 million of annual recurring revenue (ARR).

Funding

In early March 2015, the company announced it had raised $9 million in a Series A round led by Costanoa Ventures and Data Collective. [24] Later that month, it emerged from “stealth mode” to launch its data catalog product. [25] [26]

In June 2021, Alation announced it had raised a series D funding round of $110 million, led by Riverwood Capital, with participation from Sanabil Investments and Snowflake Ventures, as well as existing investors Costanoa Ventures, Dell Technologies Capital, Salesforce Ventures, and Sapphire Ventures. [27] [28] This latest investment round valued the company at $1.2 billion, making it an industry unicorn. [29]

In November 2022, Alation announced it has raised $123 million in a Series E financing led by Thoma Bravo, Sanabil Investments, and Costanoa Ventures, with participation from new investor, Databricks Ventures. Existing and other investors that also participated include Dell Technologies Capital, Hewlett Packard Enterprise (HPE), Icon Ventures, Queensland Investment Corporation, Riverwood Capital, Salesforce Ventures, Sapphire Ventures, and Union Grove. [30]

Alation has raised a total of $340 million and, as of its Series E funding, has a valuation of more than $1.7 billion. [31]

Operations

Alation is headquartered in Redwood City, CA. The company also has offices in London, U.K. and Chennai, India, and a presence in over 25 countries. [32] As of November 2022, the company had over 700 global employees, an increase of 75% in less than 12 months.

Related Research Articles

<span class="mw-page-title-main">Salesforce</span> American software company

Salesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides customer relationship management (CRM) software and applications focused on sales, customer service, marketing automation, e-commerce, analytics, and application development.

Persistent Systems is an Indian multinational technology services company based in Pune. It is primarily engaged in cloud computing, internet of things, endpoint security, big data analytics and software product engineering services.

Tableau Software, LLC is an American interactive data visualization software company focused on business intelligence. It was founded in 2003 in Mountain View, California, and is currently headquartered in Seattle, Washington. In 2019, the company was acquired by Salesforce for $15.7 billion. At the time, this was the largest acquisition by Salesforce since its foundation. It was later surpassed by Salesforce's acquisition of Slack.

<span class="mw-page-title-main">Figure Eight Inc.</span> American software company

Figure Eight was a human-in-the-loop machine learning and artificial intelligence company based in San Francisco.

Certinia, until 2023 known as FinancialForce.com, Inc. is a software company headquartered in San Jose, California, that provides enterprise resource planning (ERP) software based on the Salesforce Platform. The ERP software includes accounting, billing, professional services automation, revenue recognition, human resource management, and supply chain management applications.

<span class="mw-page-title-main">Plotly</span> Canadian computing company

Plotly is a technical computing company headquartered in Montreal, Quebec, that develops online data analytics and visualization tools. Plotly provides online graphing, analytics, and statistics tools for individuals and collaboration, as well as scientific graphing libraries for Python, R, MATLAB, Perl, Julia, Arduino, JavaScript and REST.

Slack is a cloud-based team communication platform developed by Slack Technologies, which has been owned by Salesforce since 2020. Slack uses a freemium model. Slack is primarily offered as a business-to-business service, with its userbase being predominantly team-based businesses while its functionalities are primarily focused on business administration and communication.

<span class="mw-page-title-main">Databricks</span> American software company

Databricks, Inc. is a global data, analytics and artificial intelligence company founded by the original creators of Apache Spark.

<span class="mw-page-title-main">Sridhar Ramaswamy</span> Indian-American computer scientist and businessman

Sridhar Ramaswamy is an Indian-American computer scientist and executive. He is the chief executive officer of cloud-based data-warehousing company Snowflake Inc. since February 2024. He was the cofounder and CEO of the startup company Neeva, an ad-free, privacy-focused search engine, until it was acquired by Snowflake. He previously led Google’s $115 billion advertising division.

Snowflake Inc., headquartered in Bozeman, Montana, operates a platform that provides data storage via cloud computing and allows for data analysis and simultaneous access of data sets with minimal latency. It operates on Amazon Web Services, Microsoft Azure, and Google Cloud Platform. As of January 2024, the company had 9,437 customers, including 691 members of the Forbes Global 2000, and processed 4.2 billion daily queries across its platform.

Imply Data, Inc. is an American software company. It develops and provides commercial support for the open-source Apache Druid, a real-time database designed to power analytics applications.

ThoughtSpot, Inc. is a technology company that produces business intelligence analytics search software. The company is based in Mountain View, California, and was founded in 2012.

Kyvos is a business intelligence acceleration platform for cloud and big data platforms developed by an American privately held company named Kyvos Insights. The company, headquartered in Los Gatos, California, was founded by Praveen Kankariya, CEO of Impetus Technologies. The software provides OLAP-based multidimensional analysis on big data and cloud platforms and was launched officially in June 2015. In December the same year, the company was listed among the 10 Coolest Big Data Startups of 2015 by CRN Magazine.

Checkmarx is an enterprise application security company headquartered in Atlanta, Georgia in the United States.

MachEye is an American technology company that produces software using natural search and AI-powered analytics. Its software presents data insights as interactive audio-visuals.

Cohere Inc. is a Canadian multinational technology company focused on artificial intelligence for the enterprise, specializing in large language models. Cohere was founded in 2019 by Aidan Gomez, Ivan Zhang, and Nick Frosst, and is headquartered in Toronto and San Francisco, with offices in Palo Alto, London, and New York City.

<span class="mw-page-title-main">StatMuse</span>

StatMuse Inc. is an American artificial intelligence company founded in 2014. The company maintains its own eponymous website where it hosts a database of sports statistics.

Hugging Face, Inc. is an American company incorporated under the Delaware General Corporation Law and based in New York City that develops computation tools for building applications using machine learning. It is most notable for its transformers library built for natural language processing applications and its platform that allows users to share machine learning models and datasets and showcase their work.

<span class="mw-page-title-main">Yellow.ai</span> Yellow.ai is a company in San Mateo, California that focuses on customer service automation

Yellow.ai, formerly Yellow Messenger, is a multinational company headquartered in San Mateo, California focused on customer service automation. It was founded in 2016 and provides an AI platform for automating customer support experiences across chat and voice. The platform supports more than 135 languages across more than 35 channels.

MindsDB is an open-source virtual database which automates pipelines that connect real-time data to AI systems.

References

  1. ↑ "Alation launches data query system based on natural language processing". March 31, 2015.
  2. ↑ "The Weekly Notable Startup Funding Report: 6/7/21". June 7, 2021.
  3. ↑ Preimesberger, Chris (April 4, 2015). "Newcomer Alation Connects Dots on All Data Inside Enterprise". eWEEK.
  4. ↑ "Forbes Councils - Satyen Sangani".
  5. ↑ "This founder helped design Apple's Siri. Now he's building a similar AI tool that could answer people's most pressing questions on COVID-19". Business Insider .
  6. ↑ "How Alation builds on data catalog for data intelligence". January 6, 2021.
  7. ↑ "Alation Adds $110M to Its Catalog". June 3, 2021.
  8. ↑ "Alation launches data query system based on natural language processing". March 31, 2015.
  9. ↑ "Alation, a stealthy information-management startup, gets $9M". 4 March 2015.
  10. ↑ "The Growing Importance of Data Democratization". 27 December 2019.
  11. ↑ Marr, Bernard (July 24, 2017). "What Is Data Democratization? A Super Simple Explanation And The Key Pros And Cons". Forbes .
  12. ↑ "Databricks unifies data science and engineering with a federated data mesh". 27 May 2021.
  13. ↑ "Databricks Unveils Data Sharing, ETL, and Governance Solutions". May 26, 2021.
  14. ↑ "Where is Snowflake going?". ZDNet .
  15. ↑ "Alation adds cloud storage access from hybrid environments". ZDNet .
  16. ↑ "Le data catalog, bientôt un livre ouvert pour les métiers".
  17. ↑ "Data Catalogs Evolve into Data Intelligence Platforms". 12 October 2020.
  18. ↑ "Dude, Where's My Database? And Other GDPR Questions". April 25, 2018.
  19. ↑ "Top 25 Machine Learning Startups To Watch In 2021 Based On Crunchbase". Forbes .
  20. ↑ Savvas, Antony (March 17, 2022). "Alation expands its channel in EMEA".
  21. ↑ Avidon, Eric (January 25, 2022). "Data access key to Regeneron's innovation efforts".
  22. ↑ Editorial Team (January 22, 2022). "Podcast Highlights: Data Radicals".
  23. ↑ "Apple Podcasts Preview: Data Radicals".
  24. ↑ "Alation, a stealthy information-management startup, gets $9M". March 4, 2015.
  25. ↑ "In a haystack of data, Alation helps find the needle". March 31, 2015.
  26. ↑ "Alation launches data query system based on natural language processing". March 31, 2015.
  27. ↑ "Snowflake, Dell and Salesforce back $110M round for data catalog unicorn Alation". June 3, 2021.
  28. ↑ Roof, Katie (June 3, 2021). "Snowflake-Backed Data Startup Alation Valued at $1.2 Billion". Bloomberg News .
  29. ↑ "Alation Adds $110M to Its Catalog". June 3, 2021.
  30. ↑ Dabrinze, Victor (November 2, 2022). "Alation raises $123M Series E financing to innovate data intelligence products 'more aggressively'". SiliconANGLE. Retrieved November 8, 2022.
  31. ↑ Wiggers, Kyle (November 2, 2022). "Alation bags $123M at a $1.7B valuation for its data-cataloging software". TechCrunch. Retrieved November 8, 2022.
  32. ↑ "Alation Overview".
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.