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  6. Alteryx Acquires Feature Labs

M&A Deal Summary

Alteryx Acquires Feature Labs

On October 4, 2019, Alteryx acquired software company Feature Labs

Acquisition Highlights
  • This is Alteryx’s 3rd transaction in the Software sector.
  • This is Alteryx’s 3rd transaction in the United States.
  • This is Alteryx’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2019-10-04
Target Feature Labs
Sector Software
Buyer(s) Alteryx
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 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 STATS #
Overall 3 of 8
Sector: Software M&A 3 of 6
Type: Add-on Acquisition M&A Deals 3 of 6
State: Massachusetts M&A 1 of 1
Country: United States M&A 3 of 6
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-04 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-07 Hyper Anna

Sydney, Australia

Hyper Anna is a cloud platform for generating artificial intelligence (AI)-driven automated insights from data. Hyper Anna's platform provides faster, better insights that scale and overcomes the issue presented by traditional business intelligence (BI) dashboards where the analytical output is predefined and unaware of the business users' contexts. Hyper Anna was founded in 2016 and is based in Sydney, Australia.

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