Welcome!

News Feed Item

Chartio Closes $2.2 Million in Additional Funding From Avalon Ventures to Provide Powerful Cloud Business Intelligence

Launches Powerful New Capabilities and Chartio Services Alongside Funding to Help Customers Get the Most Out of Data

SAN FRANCISCO, CA -- (Marketwired) -- 01/22/14 -- Today Chartio is happy to announce $2.2 million in additional funding from Avalon Ventures to accelerate growth towards profitability and deliver the most powerful and flexible solution in the cloud business intelligence space. In 2011 Chartio raised $4.4 million in a Series A round led by Avalon Ventures to drive the development of the cloud-based business intelligence offering. Since then Chartio has grown 36.4 times over, has quadrupled the number of employees and with customers such as Ancestry.com, Change.org, Indiegogo and Homejoy is fastly becoming the number one choice for cutting-edge cloud business intelligence. The additional funding will go towards hiring, driving forward additional marketing efforts and mobilizing a dedicated services team to make Chartio the number one solution in today's market.

"The data industry is the one to watch in 2014, and we believe Chartio is the most powerful, seamless and easy-to-use solution in cloud business intelligence today," said Rich Levandov, partner at Avalon Ventures. "As enterprises move even more applications to the cloud, we believe Chartio is the solution to bring data into the hands of everyday employees. We are excited to watch Chartio's success in the coming year."

In addition to today's funding news, Chartio is launching powerful new capabilities and Chartio Services to drive faster adoption of the one-of-a-kind technology at companies throughout the world.

Powerful New Capabilities: Data Blending and Custom Formulas

Chartio is excited to announce the ability to blend multiple data sources together without the hassle of ETL. Usually, teams looking to analyze data from multiple sources have to undergo a lengthy setup process, imagining every way their data may be examined and then build a warehouse from that perspective. Chartio now frees customers to begin exploring their data immediately, by providing the ability to connect databases and blend their data in-browser, at the very moment they start to create a visualization. In conjunction with blending data, Chartio is also announcing the ability to execute custom formulas on those results to make complex calculations. Although much more advanced, the process is as simple as using a calculator, revolutionizing BI by removing the costly setup time and infrastructure involved in traditional deployments.

"With the data blending and custom formula features I can now explore data on my terms. If I have a question that involves another data set, I can easily add, make calculations and see a result to chart in seconds," said Nick Ducoff, vice president of content at Boundless. "It is truly extraordinary and exhilarating to see answers to our data questions in seconds. Chartio's innovation in the space is second to none."

Chartio Services

Starting today, Chartio services is available for companies who need additional help in getting the value out of their data. Though Chartio is focused on building an intuitive, self-service tool for everyone in business, we recognize that not all teams have the time and expertise to fully investigate and utilize their data. Chartio services will provide Chartio connection assistance, dashboard creation, advanced query building, architecture consultation, education & training and priority support.

"As a new company, it's important to get it right when it comes to identifying and applying information about the way people are using your product," said Raphael Grignani, CEO and co-founder of Jauntful. "Chartio sat with us as we got our databases connected to the app, talked through our business model to help us figure out important metrics to track and helped us create the actual charts and graphs for our dashboard -- allowing us to make quick, data-driven decisions to improve Jauntful."

About Chartio
Chartio is award-winning cloud business intelligence for developers and businesses. It connects to the world's most popular data sources, allowing you to work with your data in real time, over a web browser, from any location or device. Through our powerful chart-creator interface, create great-looking dashboards that are easy to use, simple to present to your teammates, and quick to set up. Sign up for your free trial today.

Melissa Smolensky
512-423-3382
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
"We're developing a software that is based on the cloud environment and we are providing those services to corporations and the general public," explained Seungmin Kim, CEO/CTO of SM Systems Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently. HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer...
"Codigm is based on the cloud and we are here to explore marketing opportunities in America. Our mission is to make an ecosystem of the SW environment that anyone can understand, learn, teach, and develop the SW on the cloud," explained Sung Tae Ryu, CEO of Codigm, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
"CA has been doing a lot of things in the area of DevOps. Now we have a complete set of tool sets in order to enable customers to go all the way from planning to development to testing down to release into the operations," explained Aruna Ravichandran, Vice President of Global Marketing and Strategy at CA Technologies, in this SYS-CON.tv interview at DevOps Summit at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, introduced two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a multip...
In his session at 21st Cloud Expo, James Henry, Co-CEO/CTO of Calgary Scientific Inc., introduced you to the challenges, solutions and benefits of training AI systems to solve visual problems with an emphasis on improving AIs with continuous training in the field. He explored applications in several industries and discussed technologies that allow the deployment of advanced visualization solutions to the cloud.
"Infoblox does DNS, DHCP and IP address management for not only enterprise networks but cloud networks as well. Customers are looking for a single platform that can extend not only in their private enterprise environment but private cloud, public cloud, tracking all the IP space and everything that is going on in that environment," explained Steve Salo, Principal Systems Engineer at Infoblox, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventio...
"We're focused on how to get some of the attributes that you would expect from an Amazon, Azure, Google, and doing that on-prem. We believe today that you can actually get those types of things done with certain architectures available in the market today," explained Steve Conner, VP of Sales at Cloudistics, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"NetApp is known as a data management leader but we do a lot more than just data management on-prem with the data centers of our customers. We're also big in the hybrid cloud," explained Wes Talbert, Principal Architect at NetApp, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
The question before companies today is not whether to become intelligent, it’s a question of how and how fast. The key is to adopt and deploy an intelligent application strategy while simultaneously preparing to scale that intelligence. In her session at 21st Cloud Expo, Sangeeta Chakraborty, Chief Customer Officer at Ayasdi, provided a tactical framework to become a truly intelligent enterprise, including how to identify the right applications for AI, how to build a Center of Excellence to oper...