Alation
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Intro overview
Company type | Private |
---|---|
Industry | Computer software |
Founded | 2012 |
Founder | Satyen Sangani, Aaron Kalb, Feng Niu, and Venky Ganti |
Headquarters | |
Key people | Satyen Sangani (CEO and co-founder) Aaron Kalb (Chief Data & Analytics Officer and co-founder) |
Number of employees | 400[1] |
Website | www |
Alation Inc. is credited with creating the data catalog product category.[2]
Alation is a venture-backed, B2B enterprise software company based in Silicon Valley. Its solutions are focused on data governance, analytics, and data management.[3][4] The company’s primary product, Alation Data Catalog, uses machine learning to catalog an organization’s data across cloud and on-premises file systems, databases, data lakes, and data warehouses.[5] The company’s customers include AbbVie, American Family Insurance, Autozone, Cisco, Exelon, Finnair, Munich Re, New Balance, Pfizer, Scandinavian Airlines, and U.S. Foods.[6] [7]
Alation was founded in 2012 and launched its first product in 2015 to give data consumers an easy way to search for enterprise data with natural language.[8]
The company takes its name from the word alation, which means “the state of being winged.”
History
Alation was founded in 2012 by Satyen Sangani, Aaron Kalb, Feng Nui, and Venky Ganti.[9] Alation grew out of different ideas aimed at solving the same question: How do you connect workers with questions to colleagues with answers?[10]
Alation co-founders Satyen Sangani and Aaron Kalb arrived at the solution from two different perspectives. Sangani had a background in economics and had worked as an executive at Oracle.[11] He knew data users in large companies struggled to find and trust data; he theorized that machine learning could be used to help them. Kalb had experience in symbolic systems and had worked on Siri at Apple.[12][13] He thought crowdsourcing could be used to solve the challenge. In 2012, the team combined those two ideas to create Alation.[14]
In early March 2015, the company announced it had raised $9 million in a Series A round led by Costanoa Ventures and Data Collective.[15] Later that month, it emerged from “stealth mode” to launch its data catalog product.[16][17]
Its first solution, a data querying system powered by natural language processing, helped define the modern data catalog.[18][19] The tool was designed to catalog data in an organization and make that data more accessible to more people.[20] This concept is generally termed data democratization.[21][22]
As the company improved the solution, it eased the building of complex queries with collaboration features, enabled data governance efforts, and integrated with different data and related technology products, such as Snowflake, Tableau, Databricks, and others.[23][24][25][26]
As of early 2021, the company had more than 250 customers[27][28], including AbbVie, American Family Insurance, Autozone, Cisco, Exelon, Finnair, Munich Re, New Balance, Pfizer, Scandinavian Airlines, and U.S. Foods.[29][30]
Research
Alation is the assignee of several patents covering its data catalog and related technologies.
- US 10776366 Sergey Astretsov, David Crawford, Venkatesh Ganti, Aaron Kalb, Jake Magner, Minjoon Park, Satyen Sangani: "Computer-implemented method and system for writing and performing a data query" Date of Patent: September 15, 2020
- US 9244952 Venkatesh Ganti, Aaron Kalb, Feng Niu, Satyen Sangani: "Editable and searchable markup pages automatically populated through user query monitoring" Date of Patent: January 26, 2016
- US 8996559 Venkatesh Ganti, Aaron Kalb, Feng Niu, Satyen Sangani: "Assisted query formation, validation, and result previewing in a database having a complex schema" Date of Patent: March 31, 2015
- US 8965915 Venkatesh Ganti, Aaron Kalb, Feng Niu, Satyen Sangani: "Assisted query formation, validation, and result previewing in a database having a complex schema" Date of Patent: February 24, 2015
- US 8935272 Venkatesh Ganti, Aaron Kalb, Feng Niu, Satyen Sangani: "Curated answers community automatically populated through user query monitoring" Date of Patent: January 13, 2015
Funding
In June 2021, Alation announced it had raised a series D funding round of $110 million, led by Riverwood Capital, with participation from Sanabil Investments and Snowflake Ventures, as well as existing investors Costanoa Ventures, Dell Technologies Capital, Salesforce Ventures, and Sapphire Ventures.[31][32] This latest investment round valued the company at $1.2 billion, making it an industry unicorn (finance).[33]
Alation has raised a total of $217 million as of mid 2021.[34]
Series | Year | Amount (million US$) | Lead Investors |
---|---|---|---|
A | 2015 | 9 | Costaona Ventures, Data Collective |
B | 2017 | 23 | Icon Ventures |
C | 2019 | 50 | Sapphire Ventures, Salesforce Ventures |
D | 2021 | 110 | Riverwood Capital |
Operations
Alation is headquartered in Redwood City, CA.[35] The company also has offices in London, U.K. and Chennai, India, and a presence in over 25 countries.[36]
Awards
Alation has been recognized as a leader in the Gartner Magic Quadrant for Metadata Management Solutions for four consecutive years (2016 - 2020).[37] In 2020, it won the Gartner Peer Insights Customers’ Choice Award.[38]
In 2020, Alation was named a leader in The Forrester Wave: Machine Learning Data Catalogs report.[39]
Alation has been named to the Inc. Best Workplaces list in 2019 and 2021.[40]
References
- ^ "Snowflake helps Redwood City data startup Alation join the unicorns with $1.2B valuation". June 3, 2021.
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: CS1 maint: url-status (link) - ^ Preimesberger, Chris (April 4, 2015). "Newcomer Alation Connects Dots on All Data Inside Enterprise". eWEEK.
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: CS1 maint: url-status (link) - ^ "Alation adds cloud storage access from hybrid environments".
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: CS1 maint: url-status (link) - ^ "Le data catalog, bientôt un livre ouvert pour les métiers".
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