NTNX founders create unicorns

https://www.bizjournals.com/sanjose/news/2018/05/08/thoughts…

There were 3 NTNX co-founders. The two who are no longer with NTNX have started their own companies: Thoughtspot and Cohesity. Both companies are still private but will probably go public in the next few years. Thoughtspot grew revenue 180% y/y in the 4th quarter and is signing up customers who spend $100k+ right and left. Certainly a growth company to keep an eye on as it becomes public.

Chris

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Thoughtspot looks like a competitor to Alteryx.

From their earnings release:

More than 80 percent of customers invested six-figure amounts on their first purchase, with several customers expanding to million dollar plus investments, driven by the platform’s unique value proposition.

They don’t say how much sales they had nor how many customers they have.

Gartner Pierinsights give them similar ratings, although the sample size for Alteryx is a lot bigger.

https://www.gartner.com/reviews/market/business-intelligence…

DJ

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