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ThoughtSpot raises $248 Mn led by LightSpeed Ventures

Palo Alto and Bengaluru based ThoughtSpot has raised $248 million in Series E round led by LightSpeed Ventures.  Growth-stage public investors among others also participated in the round. The fresh funds will be deployed towards research and development, a significant portion of which is generated out of India.

Founded in 2012, ThoughtSpot is a technology company that produces business-intelligence analytics search software. Till date, the firm  has raised $554 million in financing. (Source)

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