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ThoughtSpot Hires First CFO and Significantly Grows Executive Team

January 21, 2020 GMT

SUNNYVALE, Calif.--(BUSINESS WIRE)--Jan 21, 2020--

Coming off a year of record growth, search and AI-driven analytics leader ThoughtSpot is announcing a round of key executive appointments, including the company’s first CFO. The new hires follow a year in which ThoughtSpot raised $248M at a nearly $2B valuation, achieved a $100M run-rate, announced a new product version and expanded global operations.

The seven new hires have diverse backgrounds and represent a range of business leadership initiatives, including product, customer, and business development programs. The appointments include:

“As we enter a new year and disruption in the analytics market accelerates, it’s critical we have the right leadership in place to both drive ThoughtSpot’s next phase of growth and maintain our culture as we scale,” said Sudheesh Nair, CEO, ThoughtSpot. “Every single individual in this group had their pick of companies to join, or could have been founders in their own right, but they chose ThoughtSpot. While the market opportunity played a role in their decision, it was our culture and purpose that ultimately brought them into the fold. We’re lucky to have leaders on board who are ready to own the process of building a lasting company the right way.”

“The analytics industry is craving a fundamentally new arc of innovation, one that takes them beyond static dashboards and visualizations and delivers the right insight to the right people at the right time,” said Ajeet Singh, co-founder & Executive Chairman, ThoughtSpot. “Capitalizing on this opportunity will require exceptional talent from across the technology landscape, which is why I’m so excited to bring on our new leaders. Their experience in design, engineering, product, and go-to-market will help us deliver more value to our customers as we continue to grow. With Mohit as our CFO and the trifecta of Bob, Sumeet, and Raja leading our design, engineering, and product management functions, ThoughtSpot is in a strong position to scale to the next level.”

About ThoughtSpot

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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200121005376/en/

CONTACT: Ryan Mattison

ryan.mattison@thoughtspot.com

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: NETWORKS INTERNET DATA MANAGEMENT TECHNOLOGY SOFTWARE

SOURCE: ThoughtSpot

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PUB: 01/21/2020 06:00 AM/DISC: 01/21/2020 06:01 AM

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