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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.
![Screen Shot 2023 08 16 At 21.15.42 1](https://techgroundnews.com/wp-content/uploads/sites/4/2023/12/Screen-Shot-2023-08-16-at-21.15.42-1-768x431.png)
True Anomaly has closed $100 million in new funding, a strong signal that the appetite for startups operating at the intersection of space and defense is far from abating.
The new round was led by Riot Ventures, with participation from Eclipse, ACME Capital, Menlo Ventures, Narya, 645 Ventures, Rocketship.vc, Champion Hill Ventures and FiveNine Ventures.
True Anomaly is looking to fill a critical gap in space situational awareness and defensive operations through software and hardware, including the line of autonomous spacecraft capable of rendezvous and proximity operations.
In previous interviews with TechCrunch, True Anomaly CEO Even Rogers called out what he sees as a critical “information asymmetry” between the U.S. and its adversaries in space.
Jackal, Mosaic and the company’s other work in space domain awareness are meant to close that gap.
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