Waterline Data Posts Record Growth with More Fortune 100 Customer Wins
2017 Featured 6X Sales Growth with Burgeoning List of Domestic and European Customers
Jan 25, 2018, 09:00 ET
MOUNTAIN VIEW, Calif., Jan. 25, 2018 /PRNewswire/ -- Waterline Data, a global leader in Data Lifecycle Management, today asserted its market dominance by announcing a tremendously successful 2017 fueled by more Fortune 100 and Global Fortune 500 customer wins. Waterline Data credits the growth to more organizations needing faster visibility, access, and cataloging of data across their entire data estate, spanning RDBMS, Cloud, and Data Lakes.
In 2017, Waterline Data grew its business six-fold from the year before as more of the world's largest companies adopted Waterline to unlock their mountains of trapped data. Waterline Data now counts some of the world's largest financial, food & beverage, tech, healthcare, pharmaceutical and manufacturing companies in the Fortune 100 and Global Fortune 500 as its customers.
"We are very excited to choose Waterline Data in our new data platform to automatically understand what data we have, where it is, and the relevant context of the data," said Mark Ramsey, SVP, R&D Data at GlaxoSmithKline.
"It's rare for companies to grow so much so quickly," said Andrew Ahn, VP Product Management at Waterline Data. "The innovation that we introduced to the market to help our customers find, govern, and rationalize data under a single solution is unique and disruptive, and it shows in the caliber of customers and partners that have embraced us."
A growing number of Waterline Data's new customer wins were closed through the company's partnerships with Infosys, Leidos and Wipro. Waterline Data also signed new and expanded agreements with T-Systems, MapR, FICO, Trace3 and more.
"While data-driven decision-making and deep analytics are creating unparalleled opportunities for the enterprise, the equally unprecedented sprawl of data is making it difficult for customers to find, understand, trust and leverage their data," said Alex Gorelik, Founder and CEO of Waterline Data. "Government regulations like GDPR are making this situation potentially risky and financially punitive. Waterline Data allows decision makers to find the data that they need to make decisions, while complying with governmental and internal regulations."
About Waterline Data:
Waterline Data customers spend less time looking for data and more time using it while complying with ever changing data governance mandates such as GDPR. Waterline Data automates data discovery, compliance and the ability to take action on data by using a combination of machine learning, ratings and reviews, and tribal knowledge to deliver the most comprehensive data catalog solutions on the market. The company is funded by Menlo Ventures, Jackson Square Ventures, Partech Ventures, and Infosys, and implemented in large enterprises around the globe. Founded in 2013, the company is headquartered in Mountain View, California. For more, visit www.waterlinedata.com.
For more information, please contact Zach Vito, [email protected].
SOURCE Waterline Data