Add-on Acquisition • Software

Alteryx Acquires ClearStory Data

On April 4, 2019, Alteryx acquired software company ClearStory Data

Acquisition Context
  • This is Alteryx’s 2nd transaction in the Software sector.
  • This is Alteryx’s 2nd transaction in the United States.
  • This is Alteryx’s 1st transaction in California.

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M&A Deal Summary

Date April 4, 2019
Target ClearStory Data
Sector Software
Buyer(s) Alteryx
Deal Type Add-on Acquisition

Target Company

ClearStory Data

Menlo Park, California, United States
ClearStory Data, Inc. is an enterprise-scale, continuous intelligence analytics solution for complex and unstructured data. Since its founding in 2011, ClearStory Data has focused on enabling intelligent automation on large-scale data processing platforms, including Spark. Alteryx identified synergies between the two companies and with this acquisition are gaining a talented team and compelling technology.
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Buyer Overview 1

Buyer

Alteryx

Irvine, California, United States

Category Company
Founded 1997
Sector Software
Employees2,372
Revenue 855M USD (2022)
DESCRIPTION

Alteryx is a provider of self-service data analytics software. Alteryx's software platform enables organizations to dramatically improve business outcomes and the productivity of their business analysts. Alteryx's subscription-based platform allows organizations to prepare, blend, and analyze data from a multitude of sources and more quickly benefit from data-driven decisions. The ease-of-use, speed, and sophistication that its platform provides is enhanced through intuitive and highly repeatable visual workflows. Alteryx was founded in 1997 and is based in Irvine, California.


Deal Context for Buyer #
Overall 2 of 8
Sector: Software 2 of 6
Type: Add-on Acquisition 2 of 6
State: California 1 of 4
Country: United States 2 of 6
Year: 2019 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-06 Yhat

Brooklyn, New York, United States

Yhat, Inc. is a provider of data science tools for developing, managing and deploying machine learning models to web and mobile applications faster and with fewer resources. Yhat is based in Brooklyn, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-04 Feature Labs

Boston, Massachusetts, United States

Feature Labs, Inc. is a data science software company launched out of Massachusetts Institute of Technology (MIT) that automates feature engineering for machine learning and artificial intelligence (AI) applications. Feature Labs was founded in 2015 and is based in Boston, Massachusetts.

Buy -