Datalogz secures $5M funding to conquer your enterprise intelligence sprawl

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In recent years, there has been a proliferation of business intelligence tools that aim to help companies make critical business decisions based on data analytics. As data adoption increases at most companies, they are left with growing administration problems, said Logan Havern, co-founder and CEO of Datalogz. Other participating investors from the latest round include Graphene Ventures, Squadra Ventures, Berkeley Skydeck, Defined VC, Mana Ventures and Trajectory Ventures. These piling reports, Havern argued, could lead to thousands of dashboards with duplication, unused assets, security risks, inefficiencies and consequently unwanted costs. Part of Datalogz’s business is stepping into the turf of traditional consulting firms, which easily charge $1-10 million annually just to perform business intelligence audits and clean-ups, according to Havern.