Atlan scores $105M for its data control plane, as LLMs boost importance of data [TechCrunch]
HubSpot, Inc. (HUBS)
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Source: TechCrunch
In fact, co-founders Prukalpa Sankar and Varun Banka got their start building India's national data platform called SocialCops . So it probably shouldn't come as a surprise that they have developed a tool for controlling and collaborating around data, pulling together the myriad of data sources and bringing some control to the data chaos inside large organizations. The company was founded in 2020, but the data problem has only grown in importance since then, and today, as companies try to get their data house in order to take advantage of generative AI, it's even more paramount. Perhaps that's why the company announced a $105 million investment on a healthy $750 million valuation on Wednesday. The startup seemingly finds itself in the right place at the right time, solving the right problem – and investors are looking to take advantage. Atlan is built on the premise that there is an inherent complexity in every organization's data ecosystem. Atlan's goal is to bring order to it an
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Sec Filings
- 5/16/24 - Form 144
- 5/10/24 - Form 10-Q
- 5/8/24 - Form 8-K
- HUBS's page on the SEC website