Chartio Receives a 2.2M Dollar Investment for Data Visualization
Blog: The Data Center
Some new out of the data visualization market today. Chartio, a startup that has recently received a 4.4M dollar investment, has added to it’s coffers with another round of funding.
Chartio is a data visualization startup that blends data from multiple sources and allows numerous Chartio users to collaborate on that data.
After Tableau’s IPO last year, this is news is continuing the ground swell around data visualization. As I mentioned in my Venture Beat Piece last month, data visualization is the answer to the big data problem. So many companies have silos of data that they have no idea what to do with.
The answer is to organize, visualize, and prioritize that data. With the Decisions platform, our designers allow the people that are actually utilizing the data, business analysts, to create and customize the data visualization to their liking. This means that the people who know how to execute the data are the ones that are organizing it.
Previously, the dev department would need to produce what they thought the analyst wanted, then send it up the ranks for approval. This created a game of telephone, wherein the software was ever changing as the needs of the analysts outpaced the abilities of the dev department. But by empowering the analysts, we’re removing the need for the telephone game and giving the power to those that are utilizing the data first hand.
Congratulations to Chartio. We hope they do the best with their new round of funding. One thing is for sure… The business world is quickly taking notice of the data visualization movement.
The post Chartio Receives a 2.2M Dollar Investment for Data Visualization appeared first on The Data Center.
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