PALO ALTO, Calif. — January 11, 2018 — ThoughtSpot, the leader in search and AI-driven analytics in the enterprise, today announced several key senior executives have joined the team to support global scale and overall growth. The new executives joining ThoughtSpot include SVP of Engineering Prince Kohli; Chief Customer Officer Anuj Gulati; VP of Finance and Strategy Puneet Mittal; and VP of Sales Operations Tracy Olson.
“By adopting ThoughtSpot, these companies can not only survive, but thrive, by making data truly accessible to business users instantaneously. Every business is hungry for such a solution, meaning the potential to scale ThoughtSpot, both with new and existing customers, is nearly limitless.”
The hires are testament to the company’s significant momentum in 2017, including a $120M series C funding round to expand AI capabilities and services around the world with two new offices in Seattle and Bangalore, and several new enterprise-level customers such as British Telecom, OpenTable and ECommPay. Now, more than 35 of the Fortune 500 and 12 of the Fortune 100 rely on ThoughtSpot to empower even the least technical business people with the ability to analyze data directly. ThoughtSpot made its debut in Gartner’s 2017 Magic Quadrant for BI & Analytics Platforms in February 2017 along with several additional industry recognitions including #1 on the Forbes list of best big data companies to work for, named to the LinkedIn Top Company: Startups & Disruptors list, and a Red Herring Top 100 North America winner in June 2017.
“Throughout this next phase of growth, it’s a pivotal time for us to recruit exceptional senior talent,” said Ajeet Singh, founder and CEO, ThoughtSpot. “As we scale the company to meet explosive demand for our technology, it’s critical we build a team of leaders with a commitment to building a lasting company, that’s truly in it for the long haul. With a shared vision to bring search & AI-driven analytics to every business person, the additions to our team will support continued growth and expansion in the years to come.”
Kohli joins ThoughtSpot as senior vice president of engineering from his previous role as head of R&D for Cloud and IT at Ericsson, where he managed a team of 10,000 engineers and was responsible for supporting $3.5B in annual revenue. He brings decades of experience building software products for global enterprises into this role at ThoughtSpot, where he’ll focus on growing engineering teams in Palo Alto, Seattle, and Bangalore to meet increasing customer demand. Additionally, he will lead efforts to successfully execute against the product roadmap and bring increased operational efficiency to the engineering team to support growing customer deployment sizes.
“My former roles have taught me to recognize the patterns when a fundamental shift in technology is inevitable; I believe right now we’re in the midst of a sea change in how enterprises use data to make meaningful decisions,” said Kohli. “The analytics market has long promised to put insights into the hands of business people, and with massive changes in the industry including AI, lightning fast databases, and natural language processing, it’s finally a reality. ThoughtSpot delivers on this decades old promise precisely because it incorporates each of these technologies in a single, simple, and scalable analytics platform. Not only is the technology cutting edge, but the executive team is committed to its customers and taking the market seriously -- the opportunity to get involved and influence this technology shift was something I couldn’t pass up.”
Gulati joins ThoughtSpot as chief customer officer from his previous position as senior vice president of customer success at Zimperium. He brings considerable experience driving successful outcomes for customers as a steward of their technology adoption. Prior to Zimperium, Gulati specialized in building global teams for both enterprise software companies like CA Technologies, JDA software, i2 Technologies, and startups like ITKO. In his new role, he’ll be sharply focused on delivering a seamless customer experience and collaborating with the product team to maximize value and ensure customer feedback is addressed.
“There’s no denying businesses - especially the Global 2000 - need to provide faster, simpler access to data to every employee if they want to survive in an increasingly competitive world,” said Gulati. “By adopting ThoughtSpot, these companies can not only survive, but thrive, by making data truly accessible to business users instantaneously. Every business is hungry for such a solution, meaning the potential to scale ThoughtSpot, both with new and existing customers, is nearly limitless.”
Mittal joins the team from his previous position as Director at Citigroup in their Investment Banking Division. Mittal advised technology companies on organic and inorganic strategy and led over $100 billion in IPO, M&A, and debt financing transactions. Prior to Citi, Mittal held various leadership roles at Morgan Stanley, Credit Suisse and Capital One. At ThoughtSpot, he will take on the role of Vice President of Strategy and Finance, bringing his years of experience to help drive the next phase of growth at ThoughtSpot. He will oversee both the strategy and finance functions at ThoughtSpot to help set up the company for long-term success.
Olson, ThoughtSpot’s new Vice President of Sales Operations, most recently held the position of Vice President of Field and Sales Operations at Castlight Health through the company’s IPO and subsequent acquisition of Jiff, Inc. She brings decades of experience leading marketing and operations teams at companies such as Yahoo!, Lowe New York, and AOL. In her role at ThoughtSpot, Olson will help drive sales productivity, ensuring maximal efficiency for the team as the sales organization rapidly expands into new global markets.
ThoughtSpot, the leader in search & AI-driven analytics for humans, is helping the largest companies in the world succeed in the digital era by putting the power of a thousand analysts in every business person's hands. With ThoughtSpot, business people can use Google-like search to easily analyze billions of rows of data and get trusted insights to questions they didn’t know to ask, automatically - all with a single click. ThoughtSpot connects with any on-premise, cloud, big data, or desktop data source, deploying 85 percent faster than legacy technologies. Customers like Amway, Bed Bath and Beyond, BT, Capital One, Celebrity Cruises, Chevron Federal Credit Union, De Beers, Insurethebox and Scotiabank have put ThoughtSpot at the core of their business processes. With ThoughtSpot, business leaders and frontline workers alike have made more than 3 million data informed decisions per year.
ThoughtSpot was co-founded in 2012 by Ajeet Singh, former co-founder and Chief Product Officer at Nutanix, the largest tech IPO of 2016. With an engineering team built with Google, Amazon, and Facebook DNA, ThoughtSpot has raised over $160M in funding from Lightspeed Venture Partners, Khosla Ventures, General Catalyst Partners, Geodesic Capital and Capital One Growth Ventures. The company is headquartered in Palo Alto, with offices in Seattle, London and Bangalore. For more information please visit thoughtspot.com.
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