ThoughtSpot Acquires Mode Analytics for $200M to Empower Data Teams to Redefine Business Intelligence with Trusted Generative AI

ThoughtSpot acquires Mode Analytics, a BI platform, for $200M in cash and stock

ThoughtSpot, an AI-powered analytics platform last valued at $4.5 billion, today announced that it’s entered into a definitive agreement to acquire Mode Analytics, a business intelligence startup, for $200 million in cash and stock. Mode will become a wholly-owned subsidiary of ThoughtSpot once the deal closes later this year, subject to customary closing conditions and the approval of Mode’s shareholders. It’s ThoughtSpot’s third-ever acquisiti…

ThoughtSpot Acquires Mode Analytics for $200M to Empower Data Teams to Redefine Business Intelligence with Trusted Generative AI

With Mode and ThoughtSpot, data teams can use a flexible, efficient code-first approach to deliver self service analytics to business users, easily collaborate with these stakeholders, and quickly connect data investments to meaningful, tangible business outcomes MOUNTAIN VIEW, Calif., June 26, 2023 (GLOBE NEWSWIRE) -- ThoughtSpot, the AI-Powered Analytics company, today announced it has signed a definitive agreement to acquire Mode Analytics,…

ThoughtSpot, an AI-powered analytics startup, plans to acquire Mode Analytics, a business intelligence startup, for $200M in cash and stock; Mode raised $81M

Kyle Wiggers / TechCrunch: ThoughtSpot, an AI-powered analytics startup, plans to acquire Mode Analytics, a business intelligence startup, for $200M in cash and stock; Mode raised $81M  —  ThoughtSpot, an AI-powered analytics startup, today announced that it's entered into a definitive agreement to acquire Mode Analytics …