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XponentL Data secures strategic investment from Databricks Ventures and Inoca Capital Partners to fuel data transformation and generative AI.

May 24, 2024•about 1 year ago
HellertownInformation Technology

Investors

Inoca Capital PartnersDatabricks Ventures

Description

XponentL Data, a leading data and AI consultancy, has secured a strategic investment from Databricks Ventures and Inoca Capital Partners, LLC. The investment will fuel data transformation and generative AI, further enhancing XponentL's suite of data solutions and supporting the integration of the Databricks Data Intelligence Platform within its client base.

Company Information

Company

XponentL Data

Location

2044 KOHAS DRIVE

Hellertown, Pennsylvania, United States

About

XponentL Data enables brilliant data experiences for our clients. We are the leader in the emerging field of Data Products and believe they are the best way to drive value from data in complex environments. Our mission is to transform the way businesses interact with and benefit from data. We aim to reduce the time from question to answer and bridge the gap between data producers and consumers by delivering a suite of data products that deliver insights, fuel artificial intelligence and capture value.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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