Alteryx Acquires ClearStory Data to Accelerate Innovation in Data Science and Analytics

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A recent press release states, “Alteryx, Inc., revolutionizing business through data science and analytics, today announced that it has acquired ClearStory Data, a privately held software company based in Menlo Park, Calif. ClearStory Data is an enterprise-scale, continuous intelligence analytics solution for complex and unstructured data. Since its founding in 2011, ClearStory Data has focused on enabling intelligent automation on large-scale data processing platforms, including Spark™.  Alteryx identified synergies between the two companies and with this acquisition, is gaining a talented team and compelling technology. Located in the heart of the Silicon Valley, the acquisition creates a natural extension to the Alteryx technology center, needed to support the organization’s rapid growth as a leader in the data science and analytics market.”

The release goes on, “Alteryx believes ClearStory Data will help it continue to be a leading innovator of a code-free platform for citizen data scientists and a code-friendly one for trained statisticians, while meeting the business demands of the chief data officer. The team’s technical expertise in scalable compute, data profiling and auto inference aligns with the strategy of Alteryx to meet global demand for advanced analytics, supporting customers in their digital transformation initiatives. With this acquisition, Alteryx is continuing to execute on its mission to provide an end-to-end, self-service data science and analytics platform that fuels remarkable business and social outcomes. ‘We are thrilled to be joining Alteryx; combining our talent will help make smart data discovery and model building more accessible to the business,’ said Sharmila Mulligan, CEO and founder of ClearStory Data. ‘We chose Alteryx due to our shared culture of innovation and vision of making it easier for companies to unlock the value of their data’.”

Read more at PR Newswire.  

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