Investment will further enable the development of data products, which are the best version of data for actionable insights
CAMBRIDGE, Mass.–(BUSINESS WIRE)–Tamr, Inc. (“Tamr”), the leader in data products today announced an investment from Alteryx, the analytics cloud platform company, via Alteryx Ventures. Alteryx Ventures is a strategic investor in companies that complement and expand Alteryx’s analytics and data science products. This investment will further enable Tamr’s delivery of accessible, trustworthy, and high-quality data products tailored to the needs of data consumers in the modern data-driven, analytically savvy enterprise.
In today’s data-driven landscape, business leaders have seen success in democratizing analytics, allowing organizations to harness the power of data for decision-making. With the increasing adoption of artificial intelligence (AI) technologies, organizations will require cleaner and more reliable data to fully leverage analytics and AI’s potential. Alteryx and Tamr understand this critical need to develop data solutions that empower businesses with accessible and trustworthy data.
“Our investment in Tamr is a testament to Alteryx’s commitment to delivering best-in-class data quality and analytics solutions for our customers. Tamr’s unique approach to delivering data products aligns with our efforts to provide accessible analytics insights and trustworthy data that drive informed decision-making,” said Resham Mehta, Vice President and Head of Alteryx Ventures.
Tamr helps organizations master their data as they are blending and transforming it. With Tamr’s machine learning-driven data products, organizations can deliver clean, curated, and continuously updated data through their cloud data warehouse to data consumers across their enterprise. Using the enrichment capabilities that are built into Tamr’s data products, organizations can easily add additional data from third-party sources to increase the quality, completeness, and value of their data. As a result, customers who use Tamr have cleaner, more complete data for use in other applications, including Alteryx.
“We are thrilled to have Alteryx, a true leader in analytics automation, as an investor. This strategic investment will enable us to enhance our data product platform further,” said Anthony Deighton, Data Products General Manager at Tamr.
For more information on Alteryx and Tamr, we invite you to read our blog post, which can be accessed here.
About Tamr, Inc.
Tamr, the leader in data products, enables customers to consolidate messy source data into clean, curated, analytics-ready datasets. Organizations benefit from Tamr, the industry’s first suite of data products that combine human curation, patented machine learning, mastering rules and enrichment with first- and third-party data to accelerate business outcomes and deliver business-changing insights. Tamr’s cloud-native and SaaS solutions enable industry leaders such as Toyota, Western Union and GSK to get ahead and stay ahead in a rapidly changing competitor environment. Visit www.tamr.com and follow @Tamr_Inc on Twitter and LinkedIn for more information about Tamr, its partners and investors.
Sara Delacruz at Bospar for Tamr