“They want to own and analyze their data in a single place and use that data in their business tools to personalize day-to-day customer interactions. “Data is a company’s competitive advantage and companies no longer want to keep their data trapped in business information tools or in third-party vendors like CRMs and CDPs,” Gupta added. Companies in this space “are receiving incredibly high multiples compared to normal SaaS counterparts because VCs are betting on the future growth of the market rather than just the growth of existing companies within the market,” he said. Cyberpunk 2077 has received a lot of terrible feedback from fans lately of course, with good reasons since the game was not ready for most systems making it nearly unplayable for many fans However.
#Vcs diamond has a lot of feedback software#
Meanwhile, Gupta considers the modern data stack - the software stack for data tooling - to be nascent compared with its more mature developer tooling counterpart. It will also put more focus into the core developer experience of the product and making it more accessible to different verticals, starting with marketers and moving into sales, customer success and support. The company plans to invest its new funds into getting Reverse ETL into more hands and expects to double the number of employees by next year.
“Ultimately, we found a firm we really loved, ICONIQ, and a price that justified raising sooner rather than later, so we went for it, but had we not found the right partner, we would not have needed to raise money.” “Given the stellar customer references, product market fit, market tailwinds and team we had assembled, multiple VCs wanted to pre-empt the round though we had a lot of money still left in the bank,” he added. It was the accelerated inbound attention that had investors reaching out to both the company and its customers, though Hightouch was not fundraising, Gupta said. In addition to a partnership with Snowflake to warehouse data and the release of Hightouch Audiences, which enables the user to define what data goes into their tools, recent milestones include amassing hundreds of customers, going from four to 40 employees and increasing revenue three times. Since the launch, the company has focused on enterprise customers and added access control features and rewrote its entire platform to handle the millions of rows of data that Fortune 500 customers send on a daily basis, Gupta said via email. Hightouch raises $2.1M to help businesses get more value from their data warehouses