Will this startup -- Palo Alto-based ThoughtSpot (which has raised nearly $296 million in venture capital) -- go public and is it costing Tableau some of its growth? ThoughtSpot -- which raised $145 million in May 2018 at a pre-money valuation of $855 million -- was founded in June 2012 by Ajeet Singh, a Nutanix cofounder. ThoughtSpot's publicly-traded rival, Tableau Software, is growing fast and its stock has risen 64.6% to a $9.4 billion market capitalization. Tableau boosted revenue per customer and expanded its customer base despite pricing pressure," according to Morningstar. ThoughtSpot is growing -- and taking business from Tableau -- because it takes advantage of three key trends better than rivals.

Source: Forbes September 08, 2018 18:23 UTC