What if onboarding customer data was astonishingly easy? All of the inconsistent data coming from your customers is fundamentally inputted by humans. A data onboarding solution allows you to accept files just as they are from all of your customers and deliver on a world-class customer experience.
Since the advent of cloud computing, IT teams have focused on using application performance monitoring (APM) to understand application performance issues. This frameworks aggregates sampled application and system data to provide snapshots and compares them against established KPIs; this is known as telemetry. While this form of telemetry has been sufficient to handle relatively static development environments and resources that are clearly defined, it doesn’t adequately perform against today’s modern development frameworks that incorporate continuous integration and deployment as well as cloud-native features such as serverless, microservices, and containers that are often rapidly deployed and discarded in a matter of seconds. Grafana Labs has built a cloud-native observability and monitoring platform that allows enterprises to manage their evolving development environments from a single dashboard that’s built to pinpoint every facet of the software development life cycle by incorporating individual and disparate data from across the entire stack. Users are able to access complete information related to logs, metrics, traces, and dependencies through the company’s signature visualization Grafana dashboards. Grafana offers both self-managed and fully-managed solutions, enabling DevOps teams to isolate issues in both test and production environments across the organization’s infrastructure whether issues surface on the front or backend, middleware, or even related to hardware. AlleyWatch caught up with Grafana Labs CEO and Cofounder Raj Dutt to learn more about the business, the company’s strategic plans, latest round of funding, which brings the total funding raised to $535.2M, and much, much more…
According to Gartner, 75% of all databases will be deployed or migrated to the cloud by 2022. Cloud database management accounts for 68% of the growth in the worldwide database management market. As businesses develop robust applications in a data-driven world to address both customer and internal needs, they’re embracing modern, scalable, and resilient cloud solutions as opposed to legacy relational options like MySQL and Oracle to handle their transactional, application, and analytical data requirements. Cockroach Labs has developed CockroachDB, the cloud-native, distributed, SQL-compliant database. By using data architecture designed specifically for the cloud, applications can be scaled faster on-demand with minimal cost, outages are reduced, and the exponential amount of data being created and accessed can be handled more efficiently. To reduce friction, the company’s solutions are open-source and Cockroach Labs offers both self-serve and hosted options for its 200+ customers that include Bose, AllSaints, eBay, and Comcast that have contributed to a 3x increase in annual recurring revenue in the last year through Q3. AlleyWatch caught up with Cockroach Labs CMO Peter Guagenti to learn more how the company is powering the fundamental shift of database architecture to the cloud, strategic plans, latest round of funding from investors that include Greenoaks, Altimeter, BOND, Benchmark, Coatue, FirstMark, GV, Index Ventures, Lone Pine Capital, Redpoint Ventures, and Tiger Global.
Francis Bacon is credited with using the phrase “knowledge is power” in the late 16th century. 400+ years later, the phrase is still very applicable. The advent internet of the internet has exponentially increased the amount of information available both publicly and privately. AlphaSense is a market intelligence platform for corporations that uses NLP and AI to extract relevant insights from over 10,000 premium business sources that include analyst research, transcripts, SEC filings, and news sources. The platform saves businesses countless hours and ensures they are not missing potentially market-moving content. The company has built a strong presence within financial institutions, where the timely synthesis of information can translate into millions of dollars, but the platform is versatile enough to be used in any application that relies on mission-critical information. The company works with 1800+ customers, including a large portion of the SP 500, and the team has scaled to close to 500 employees since its founding in 2011. AlleyWatch caught up with AlphaSense CEO Jack Kokko to learn more about the company’s impressive traction, strategic plans, latest round of funding led by Viking Global Investors and the Growth Equity business within Goldman Sachs Asset Management.
SQL stands for Structured Query Language and it has been the gold standard used to communicate with databases since it was pioneered at IBM in the 1970s. Materialize, a streaming SQL database company, allows businesses to take the already known SQL commands and apply them directly to datasets in real-time, instead of querying databases. Unlocking insights straight from data results in fewer steps, making the data more valuable as there are no lags and results are provided continuously instead of a single point in time as with traditional querying. Materialize is best suited for instances when the same query is repeatedly asked as found in dashboards, reports, automation, and most application code across any setting or industry. The company’s developer community is nearing 1000 members and employee count has grown 63% in the last six months as the company prepares to move into its new headquarters at the old Slack New York offices. AlleyWatch caught up with Materialize CEO and Cofounder Arjun Narayan to learn more about how the company is making streaming data accessible without specialized knowledge, future strategic plans, and latest round of funding led by Redpoint Ventures.
Using no-code approaches to data analytics allows you to process data 5x faster than you would by writing code. Data is an integral part of a growing number of functions within organizations but traditionally there has been a siloed approach that prevents accessibility across various functional departments, limiting collaboration. Facet is a collaborative data analytics platform that allows individuals from all parts of an enterprise to seamlessly integrate data into their decision-making through its interactive front end, without knowledge of code or SQL. Data can sit anywhere on the company’s cloud infrastructure but is accessible to any team within the organization using Facet’s workspace. Facet acquired the technology from ad tech company Metamarkets, so it’s been battle-tested in the ad space but the platform is versatile enough to handle any data in any industry. AlleyWatch caught up with CEO Kevin Weatherman to learn more about the practical applications of the platform, the company’s strategic plans, recent round of funding from investors that include Harrison Metal, Bedrock, Breakpoint Capital, Gokul Rajaram, Slava Rubin, Brian Long, and Andrew Jones.
When you think about enterprise security, the image of the RSA dongle or hardware token that generates random numbers and looks like a flash drive with a small led screen may come to mind (something you have). That’s one of the three popular elements of multi-factor authentication when it’s combined with a username or password (something you know). The third form of verification that’s growing in popularity is biometric verification like palm scanning, fingerprints, keystroke tracking, retinal scans, facial recognition (something that you are). While the first two types provide entrance through the front door, security erodes as a session grows longer in length. Twosense is a continuous authentication platform that uses invisible biometrics to provide unparalleled security through full sessions – beginning to end, providing heightened endpoint security. The company’s underlying technology creates a risk engine for fraud prevention based on behavioral traits and is versatile enough to be used across a range of industries and the company has deployed its passive biometric authentication platform for the defense industry, healthcare, and the enterprise. AlleyWatch caught up with CEO & Cofounder Dawud Gordon, Ph.D. to learn more about the promise of continuous authentication, the company’s strategic plans, latest round of funding from investors that include Atypical Ventures, Preface Ventures, Jonathan Cogley, Glasswing Ventures, Entrepreneurs Roundtable Accelerator, Brand New Matter Ventures, Josh Lospinoso, Marc Weiss, and others.
Machine learning model development needs to be methodically, with extreme care, in order to yield effective results as unintended consequences can emerge at the various stages of model development. Flexible data ingestion policies allow companies to simplify ML model development by reducing the time needed for the model to teach itself and achieve greater levels of accuracies. However, enterprises are often unable to collaborate on model development as a result of the risk associated with data security in a model developed by multiple stakeholders. Cape Privacy is an encrypted learning platform that allows companies to collaborate on machine learning models without the risk of compromising any proprietary or sensitive data. The data remains encrypted throughout and can be plugged into models seamlessly, allowing data scientists to truly harness the power of machine learning with efficiency and unprecedented speed. AlleyWatch caught up with CEO Che Wijesinghe to learn more about the inspiration for the business, future plans, latest round of funding from investors that include Evolution Equity Partners, Tiger Global Management, Version One Ventures, Haystack, Radical Ventures, Ridgeline Partners, and Boldstart Ventures.
The pandemic has introduced new security demands for enterprises. The average company uses 137 unique SaaS applications on average. Figuring out how increased usage of these applications fits into a company’s security protocol is ends up being a daunting task. DoControl is an automated data access control platform that’s integrated with the most popular SaaS applications like Dropbox, Google Drive, Salesforce, and Zendesk, allowing companies to take control over their various cloud deployments without compromising security. The platform focuses on asset management, security policy enforcement, and bot-based remediation in instances where vulnerabilities have surfaced. Organizations like Bizzabo, Digital Asset, and Lili are already using DoControl’s solution to manage their data exposure. AlleyWatch caught up with Cofounder and CEO Adam Gavish to learn more about how DoControl fosters business enablement, the company’s strategic plans, latest round of funding from investors that include RTP Global, StageOne Ventures, Cardumen Capital, and CrowdStrike Falcon Fund.
20-50% of help desk calls are in reference to password resets. 80% of cybersecurity attacks are focused on passwords. 92% of businesses believe passwordless authentication is the future of business. HYPR makes a passwordless future a reality with its multi-factor authentication platform that provides industry-leading security without the hassle of remembering passwords. The company focuses on delivering a better user experience with the convenience of smartphones combined with the security of a smart card. The immense shift to work from home has only further accelerated the need for modern security solutions in a remote world and HYPR has been able to more than triple its ARR since its previous funding in the fall of 2019. AlleyWatch caught up with Cofounder and CEO George Avetisov to learn more about the impact the pandemic has on the state of security, the company’s impressive traction, growth plans, and latest round of funding led by Advent International.
According to IBM, the average cost of a data breach is $4M and as we move into an era where more and organizations are leveraging their data with partner integrations, this risk compounds. Understanding where your organization ranks in terms of security risk is critical as is understanding where your partners stand. SecurityScorecard is a cybersecurity rating platform that provides near-instant analysis of a companies security risk. The platform presently features over 1.8M businesses and plans to cover 20M business by year-end. The rating and analysis provided contextualizes cybersecurity risk so that all parties involved – including vendors and suppliers – can interpret and assess any vulnerabilities within a business operation. AlleyWatch caught up with CEO and Cofounder Aleksandr Yampolskiy to learn more about the company’s impressive traction since the last time we spoke, future plans, and latest round of funding from investors that include Silver Lake Waterman, funds and accounts advised by T. Rowe Price Associates, Inc., Kayne Anderson Rudnick, Fitch Ventures, Evolution Equity Partners, Accomplice, Riverwood Capital, Intel Capital, NGP Capital, AXA Venture Partners, GV (Google Ventures), and Boldstart Ventures.