ThoughtSpot, a Palo Alto, CA-based enterprise search-driven analytics platform, expanded its Series C funding round with a new investment from Hewlett Packard Pathfinder.
The amount of the deal was not disclosed.
The company intends to use the funds to accelerate the adoption of its Relational Search technology within the Fortune 500 globally, recruit new people and advance its technology.
Along with the investment, ThoughtSpot enters the Hewlett Packard Pathfinder program, a venture investment and partnership program designed to identify startups great potential, connect them with enterprise customers and elevate their solutions to scale.
Through this strategic partnership, ThoughtSpot and HPE will co-sell a joint solution, where ThoughtSpot’s Relational Search software will run on HPE infrastructure. HPE will become a reseller of ThoughtSpot’s search-driven analytics solution.
Led by Ajeet Singh, co-founder and CEO, ThoughtSpot provides a relational search engine that leverages data characteristics and company usage patterns to guide users to a single, accurate answer.
Customers include Bed Bath & Beyond, Primary Capital Mortgage, RichRelevance, Automated Financial Systems, Collegis Education, SterlingBackcheck, Batteries Plus Bulbs, Nutanix, and Hightail.
In September, the company new offices in Seattle, Washington.
FinSMEs
17/10/2016