How much money did ThoughtSpot raise?

SUNNYVALE, Calif.-- ( BUSINESS WIRE )-- ThoughtSpot, the Modern Analytics Cloud company, today announced that it raised a $100M Series F funding round at a new $4.2B valuation, more than doubling the company’s previous valuation and bringing the company’s total funding to $674M.

Is ThoughtSpot a cloud-first company?

The new round comes two years after the company’s Series E, where the company raised $248M at a $1.95B valuation. Since then, ThoughtSpot has grown efficiently, with more than $200M in the bank prior to this funding round. In 2020, the company made a strategic decision to transform into a cloud-first company.

Will ThoughtSpot get a new round of funding?

Both announcements precede ThoughtSpot’s annual customer conference, , on November 16th. The new round comes two years after the company’s Series E, where the company raised $248M at a $1.95B valuation. Since then, ThoughtSpot has grown efficiently, with more than $200M in the bank prior to this funding round.