Alation acquires data insights firm Lyngo Analytics
The acquisition will strengthen Alation's data intelligence capabilities
Alation has acquired data insights firm Lyngo Analytics for an undisclosed sum.
Through its behavioral analysis engine (BAE), the platform can provide insights into how data is being used, including popularity rankings, user breakdowns, and usage recommendations.
Lyngo Analytics’ natural language interface helps users query data and insights using basic and familiar business terms.
By incorporating Lyngo Analytics' artificial intelligence (AI) and machine learning capabilities, Alation will increase support for non-technical users by converting natural language questions to structured query language (SQL).
“The acquisition will elevate the business user experience within the data catalog, scale data intelligence, and help organizations drive data culture,” explained Alation.
Lyngo Analytics CEO and co-founder Jennifer Wu will join the firm as senior director of product management. CTO and co-founder Joachim Rahmfeld will lead Alation's AI and machine learning center of excellence, focusing on building platform and application experiences to optimize Alation's value for business and technical customers.
“Alation created the first machine learning data catalog and we’re known for providing the most user-friendly interface on the market,” said Raj Gossain, chief product officer at Alation.
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Gossain added, “With this acquisition, we’re building on the best. We’re doubling down on key aspects of the platform that will help drive data culture and spur innovation and growth. Jennifer and Joachim developed a unique solution for a complex data and analytics issue, and I’m excited to welcome them to the Alation team.”
Earlier this year, Alation announced $110 million in Series D funding and a market valuation of $1.2 billion. The firm will use the funds to expand its data intelligence platform globally.
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