BI and Data Analytics News for the Week of February 10; Updates from Toric, ZL Tech, Starburst, and More

Top BI and Data Analytics News for the Week Ending February 10, 2022

The editors at Solutions Review have curated this list of the most noteworthy BI and analytics news items for the week of February 11, 2022. In this week’s roundup, Toric no-code BI raises a Series A round, ZL Tech releases a new data tool for corporate information, Starburst continues its meteoric rise, and more.

Keeping tabs on all the most relevant BI and analytics news can be a time-consuming task. As a result, our editorial team aims to provide a summary of the top headlines from the last week, in this space. Solutions Review editors will curate vendor product news, mergers and acquisitions, venture capital funding, talent acquisition, and other noteworthy BI and analytics news items.

Top BI and Data Analytics News for the Week Ending February 10, 2022

No-Code BI Workspace Provider Toric Nabs $16 Million in Series A Funding

Toric provides data integration, data prep and analytics in a cloud platform to boost productivity. With it, users can consolidate, prepare for analysis, visualize, share and reuse data. The venture capital will enable the company to execute its go-to-market strategy while increasing the number of data integrations, partnerships, and platform features. Toric was co-founded by Thiago da Costa, the former CEO of Lagoa, acquired by Autodesk in 2014.

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ZL Tech Unveils New Tool Aimed at Tackling Out-of-Sight Corporate Data

ZL Tech recently announced advancements to its SaaS platform that “leapfrog today’s “sandbox” analytics paradigm by expanding the sandbox to the entire “beach.” The application enables organizations to extract insights buried in people data such as emails and documents. ZL Tech can search on-demand through the entire “beach” of employee-created content, such as Microsoft 365, Teams, and file servers.

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Starburst Raises a Quarter-Billion Dollars in Series D Funding, Releases New Enterprise Functionality

The round brings Starburst’s total financing to date to $414 million, as the company ramps up operations to meet the industry’s growing demand for faster analytics on decentralized data. Starburst Enterprise now includes features that allow companies to build and share data products, and the necessary native access controls that form the foundation of a data mesh implementation.

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The Cloud & SaaS Awards Names 2021-22 Cloud Award Winners in BI and Analytics

The Cloud Awards has released its picks for the Best Cloud Business Intelligence or Analytics Solution, a report in the mold of the Forbes Cloud 100 that includes the providers it sees as leaders in the space. The Cloud Awards program was founded by a group of technical engineers, business leaders, and marketers with the aim of revealing innovation in cloud computing. The program is available to cloud technology providers across the globe and features a number of different software categories.

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For consideration in future data analytics news roundups, send your announcements to tking@solutionsreview.com.

Timothy King
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