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Tuesday, Oct 3, 2023
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Alteryx Pays $20M In AI Buy

Irvine-based data science and analytics firm Alteryx Inc. (NYSE: AYX) bought ClearStory Data, a privately held software company based in Menlo Park, for $20 million.

ClearStory calls itself “an enterprise-scale, continuous intelligence analytics solution for complex and unstructured data.”

Since it was founded in 2011, it has raised more than $65 million, including a $15 million Series C round last year, according to reports.

Alteryx counts a market value of about $5 billion.

“When we identified the great talent and compelling technology of ClearStory, we embraced the opportunity,” Alteryx cofounder and Chief Executive Dean Stoecker said in a statement.

For more coverage of OC’s vibrant public companies, see the April 8 print edition of the Business Journal.

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