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
ChatOps is an emerging topic that has led to the wide availability of integrations between group chat and various other tools/platforms. Currently, HipChat is an extremely powerful collaboration platform due to the various ChatOps integrations that are available. However, DevOps automation can involve orchestration and complex workflows. In his session at @DevOpsSummit at 20th Cloud Expo, Himanshu Chhetri, CTO at Addteq, will cover practical examples and use cases such as self-provisioning infra...
"Storpool does only block-level storage so we do one thing extremely well. The growth in data is what drives the move to software-defined technologies in general and software-defined storage," explained Boyan Ivanov, CEO and co-founder at StorPool, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Is advanced scheduling in Kubernetes achievable?Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, answered these questions and demonstrated techniques for implementing advanced scheduling. For example, using spot instances and co...
As Marc Andreessen says software is eating the world. Everything is rapidly moving toward being software-defined – from our phones and cars through our washing machines to the datacenter. However, there are larger challenges when implementing software defined on a larger scale - when building software defined infrastructure. In his session at 16th Cloud Expo, Boyan Ivanov, CEO of StorPool, provided some practical insights on what, how and why when implementing "software-defined" in the datacent...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
The cloud era has reached the stage where it is no longer a question of whether a company should migrate, but when. Enterprises have embraced the outsourcing of where their various applications are stored and who manages them, saving significant investment along the way. Plus, the cloud has become a defining competitive edge. Companies that fail to successfully adapt risk failure. The media, of course, continues to extol the virtues of the cloud, including how easy it is to get there. Migrating...
The use of containers by developers -- and now increasingly IT operators -- has grown from infatuation to deep and abiding love. But as with any long-term affair, the honeymoon soon leads to needing to live well together ... and maybe even getting some relationship help along the way. And so it goes with container orchestration and automation solutions, which are rapidly emerging as the means to maintain the bliss between rapid container adoption and broad container use among multiple cloud host...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, discussed the b...
Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.
The need for greater agility and scalability necessitated the digital transformation in the form of following equation: monolithic to microservices to serverless architecture (FaaS). To keep up with the cut-throat competition, the organisations need to update their technology stack to make software development their differentiating factor. Thus microservices architecture emerged as a potential method to provide development teams with greater flexibility and other advantages, such as the abili...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
Blockchain. A day doesn’t seem to go by without seeing articles and discussions about the technology. According to PwC executive Seamus Cushley, approximately $1.4B has been invested in blockchain just last year. In Gartner’s recent hype cycle for emerging technologies, blockchain is approaching the peak. It is considered by Gartner as one of the ‘Key platform-enabling technologies to track.’ While there is a lot of ‘hype vs reality’ discussions going on, there is no arguing that blockchain is b...
Product connectivity goes hand and hand these days with increased use of personal data. New IoT devices are becoming more personalized than ever before. In his session at 22nd Cloud Expo | DXWorld Expo, Nicolas Fierro, CEO of MIMIR Blockchain Solutions, will discuss how in order to protect your data and privacy, IoT applications need to embrace Blockchain technology for a new level of product security never before seen - or needed.
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory? In her Day 2 Keynote at @DevOpsSummit at 21st Cloud Expo, Aruna Ravichandran, VP, DevOps Solutions Marketing, CA Technologies, was jo...