MENLO PARK, Calif., May 29, 2018 (GLOBE NEWSWIRE) -- ClearStory Data, the leading AI-powered enterprise-scale business analytics solution for complex data, today announced that Gary Morgenthaler, founder and CEO of database companies and experienced investor and domain expert in Artificial Intelligence (AI), machine-learning and analytics, will be joining its board of directors to help accelerate the next stage of growth and expand upon ClearStory’s proven success across enterprise organizations in every industry.
Mr. Morgenthaler is nationally known as a successful founder and CEO of companies from inception to IPO, founder of Illustra and INGRES, and board member and investor in high growth companies. He served as a director at Siri (acquired by Apple), BlueArc and Nuance and holds several other director seats at fast-growing technology companies including Big Switch Networks. He brings over 30 years of experience in innovation, as well as deep operational experience in his roles as CEO. In addition, Mr. Morgenthaler is a seasoned investor through his venture firm Morgenthaler Ventures, an investor in more than 325 companies including Mulesoft, which was recently acquired by Salesforce.com for $6.5 billion. In addition to contributing to the company’s growth strategy, Mr. Morgenthaler also brings to ClearStory’s Board of Directors his deep understanding of AI and leveraging AI to transform analytics in the business front-office.
At the core of ClearStory Data’s business analytics solution is AI and machine-learning that speeds and enriches insights from complex data while making it easy and intuitive for the business to see and explore business-critical insights.
“ClearStory Data’s incredibly simple yet powerful business user experience delivers continuous business insights to the front-office,” said Mr. Morgenthaler. “ClearStory is winning large enterprise customers with its AI-powered solution. I look forward to helping accelerate ClearStory’s growth, as we build upon its proven enterprise value that is already demonstrated across many industry verticals.”
ClearStory’s AI-powered business analytics solution automates discovery of data, harmonizing and blending complex data, and delivering continuous AI-powered insights to the business. According to Gartner Research, by 2021, 75 percent of prebuilt reporting will be replaced with automated AI-based insights to serve the business.
“I’m excited to welcome Gary Morgenthaler to ClearStory’s Board of Directors, as he brings tremendous experience in growing companies that have a great product-market fit,” said Sharmila Mulligan, founder and CEO of ClearStory Data, “Gary is unique in that he can hone into any strategic topic, give it deep execution thoughtfulness and offer up precise guidance which speeds up reaching our full market potential. Gary joins us at the perfect time in the company’s trajectory, as we capture the massive untapped opportunity to simplify how complex enterprise data assets are delivered as intuitive insights to the business front-office.”
About ClearStory Data
ClearStory Data is transforming Enterprise-scale Business Analytics via machine-learning and AI so companies can empower their business users and business leaders to speed insights and discover more from their disparate data assets for material business impact. ClearStory is uniquely differentiated with modern capabilities across data prep via Data Inference, automated Intelligent Data Harmonization™, Instant Data Discovery, Auto-discovery of Business Insights in Collaborative StoryBoards™. ClearStory Data is also a pioneer in leveraging Apache Spark-based data processing to speed insights from large and complex data sources. The company is headquartered in Menlo Park, CA with offices across North America and backed by Andreessen Horowitz, DAG Ventures, Google Ventures, Khosla Ventures and Kleiner Perkins Caufield & Byers (KPCB). For more information visit www.clearstorydata.com and follow us on Twitter @ClearStoryData.
Media Contact
Carol Kimura
VP, Marketing
carolk@clearstorydata.com
408.833.4379