SUNNYVALE, Calif. — September 12, 2019 — ThoughtSpot, the leader in search and AI-driven analytics for the enterprise, today announced two new members have joined the company’s executive team to support the company’s massive global growth.
New Executives Join ThoughtSpot.
Spencer Tuttle, VP of EMEA, will be instrumental in scaling ThoughtSpot’s European go-to-market teams to drive regional growth and customer success. As the company expands its global footprint, Spencer will be responsible for growing existing teams in the UK, France, Germany, the Nordics, while expanding to new markets throughout EMEA. He has more than 15 years experience, including most recently serving as the Area Vice President of Sales at AppDynamics.
Raja Mukhopadhyay, SVP of Products, will expand ThoughtSpot’s research and development efforts, including supporting hiring needs for its engineering and product teams around the globe. Raja is responsible for building and executing ThoughtSpot’s product roadmap and delivering a flexible and intuitive user experience for customers. He previously held product leadership roles at Nutanix and Oracle.
Thoughts from the Top
“The industry is at an inflection point: it’s moving beyond data visualization and into a world where data is powered by AI and search. Businesses need to arm decision makers with smarter insights to grow, compete and provide real value to their customers, and AI-powered analytics makes this a reality,” said Brian McCarthy, ThoughtSpot SVP of Worldwide Sales. “As ThoughtSpot navigates our next phase of growth in this shifting climate, Spencer’s and Raja’s industry expertise will be essential in our mission to bridge the barrier between data and decision-maker, required for global businesses to compete today and thrive tomorrow.”
“The analytics industry is moving faster than ever before, and staying ahead of the innovation curve requires product leaders with a unique blend of agility and deep industry knowledge,” said Ajeet Singh, ThoughtSpot Cofounder and Executive Chairman. “Raja’s exceptional track record building disruptive technology will help us accelerate our roadmap as we help organizations around the world transform how they utilize data and make decisions.”
“In today’s world, if you aren’t making insights instantly accessible to business users across sales, marketing, supply chain, procurement and other business decisions, you’re falling behind,” said Spencer Tuttle. “The incredible work being done for our customers in EMEA, like De Beers and BT, demonstrates how powerful ThoughtSpot can be to enterprises ready to break from the status quo. I look forward to continuing and expanding this work as we help organizations throughout EMEA transform themselves for the digital era.”
“As businesses increasingly rely on data to make decisions, it must be made easily accessible to everyone within the organization so that they can make quick, smart determinations based on tangible proof points,” said Raja Mukhopadhyay. “ThoughtSpot’s platform is especially formidable, as it was uniquely built from the ground-up to handle the complexity of enterprise data. It’s been impressive to watch the team evolve this without compromising the high caliber standard. Looking forward, I’m most excited about the possibility to not only improve the platform, but expand its capabilities and build new applications and services for enterprises to tap.”
New Executives Continue the Company’s Momentum
Today’s news caps off ThoughtSpot record-breaking year as the company experiences rapid growth, significant market recognition, and expansion into new geographies.
The company’s momentum over the last ten months includes:
Record fundraising: ThoughtSpot announced a $248M Series E financing round in August with participation from existing investors including Lightspeed Ventures, Sapphire Ventures, Geodesic Capital and new growth-stage public investor, Silver Lake Waterman. ThoughtSpot now has a valuation of $1.95B.
Recognition as a Market Leader: ThoughtSpot was named the first new leader in six years in the Gartner Magic Quadrant for Analytics & AI Platforms, a technology pioneer by the World Economic Forum and one of the 50 top startups in 2019 by LinkedIn.
Expanding the Global Footprint: Over the last year, ThoughtSpot has opened new offices in Singapore, Tokyo, Dusseldorf, Australia, and invested $25M in its office in Bangalore, India.
The world’s most innovative enterprises use ThoughtSpot to empower every person in their organization, from C-suite executive to front-line employee, with the ability to quickly uncover data-driven insights. With ThoughtSpot, business people can type a simple Google-like search to instantly analyze billions of rows of data, and leverage artificial intelligence to get trusted, relevant insights pushed to them as answers to thousands of questions they might not have thought to ask. ThoughtSpot is simple enough for any business person to use, yet powerful enough to handle even the largest, most complex enterprise data without sacrificing speed, security, or governance. That’s why customers like Walmart, 7-11, BT, Celebrity Cruises, Daimler, De Beers, Hulu, Miami Children’s Health System, Nationwide Building Society, and Scotiabank have turned to ThoughtSpot to transform their decision-making cultures. By making insights a part of every conversation and every decision, ThoughtSpot is reimagining the role of data in creating a more fact-driven world. For more information, please visit www.thoughtspot.com.
ThoughtSpot Head of Content & Communications
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