ORCL - Alteryx Acquires ClearStory Data For Unstructured Data Analytics
Quick Take
Alteryx (AYX) announced it has acquired ClearStory Data for $20 million in an all-cash transaction.
ClearStory Data operates as an enterprise data analytics and automation platform.
With the deal, AYX is getting a low-cost ‘team & technology’ addition to its suite of solutions for the hot enterprise analytics space.
Target Company
Menlo Park, California-based ClearStory Data was founded in 2011 to enable smarter automation on enterprise-scale data processing platforms through its AI-powered analytics solutions for complex and unstructured data.
Management is headed by Founder and CEO Sharmila Mulligan, who was